🇳🇬Platinum Rate in Ilesa Today
The platinum rate in Ilesa today is ₦47,597 per gram for 14K, based on an international spot price of $1,887.00 per troy ounce. That is up ₦1,420 from the previous close. This is the international spot price converted into NGN for Ilesa. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Nigeria's larger markets, with a population of around 325,000. The NGN has strengthened 0.209% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Ilesa — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ₦81,594 | ₦74,795 | ₦71,395 | ₦61,196 | ₦47,597 |
| 1 Troy Ounce (31.1035 g) | ₦2,537,864 | ₦2,326,375 | ₦2,220,631 | ₦1,903,398 | ₦1,480,421 |
| 1 Kilogram (1,000 g) | ₦81,594,224 | ₦74,794,705 | ₦71,394,946 | ₦61,195,668 | ₦47,596,630 |
All figures in NGN (Naira). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
Last 10 days · 14K per gram in Ilesa
Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current NGN exchange rate.
| Date | 14K / gram | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | ₦47,604 | +₦1,420 | 3.07% |
| Thu, 20 Aug 2026 | ₦46,184 | +₦716.35 | 1.58% |
| Wed, 19 Aug 2026 | ₦45,468 | +₦1,922 | 4.41% |
| Tue, 18 Aug 2026 | ₦43,546 | -₦1,390 | -3.09% |
| Mon, 17 Aug 2026 | ₦44,936 | +₦794.54 | 1.80% |
| Fri, 14 Aug 2026 | ₦44,141 | +₦625.54 | 1.44% |
| Thu, 13 Aug 2026 | ₦43,515 | -₦905.52 | -2.04% |
| Wed, 12 Aug 2026 | ₦44,421 | +₦385.92 | 0.88% |
| Tue, 11 Aug 2026 | ₦44,035 | +₦32.79 | 0.07% |
| Mon, 10 Aug 2026 | ₦44,002 | — | — |
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Platinum rate in Ilesa — questions
What is the platinum rate in Ilesa today?
The platinum rate in Ilesa today is ₦47,597 per gram for 14K, and ₦81,594 per gram for 24K. These are live figures converted from international spot at the current NGN exchange rate.
What is the price of 1 gram of gold in Ilesa?
One gram of 24K platinum costs ₦81,594 in Ilesa, and 22K costs ₦74,795 per gram. 18K works out at ₦61,196.
Why is 22K cheaper than 24K in Ilesa?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is ₦6,800 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Ilesa different from other cities?
The underlying metal price is identical everywhere in Nigeria — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 3 minutes ago. Exchange rates refresh alongside it.