🇳🇬Gold Rate in Ebute Ikorodu Today
The gold rate in Ebute Ikorodu today is ₦199,798 per gram for 24K, based on an international spot price of $4,604.40 per troy ounce. That is up ₦4,678 from the previous close. This is the international spot price converted into NGN for Ebute Ikorodu. 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 535,619.
Gold rate in Ebute Ikorodu — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ₦199,798 | ₦183,148 | ₦174,823 | ₦149,849 | ₦116,549 |
| 1 Troy Ounce (31.1035 g) | ₦6,214,419 | ₦5,696,551 | ₦5,437,617 | ₦4,660,814 | ₦3,625,078 |
| 1 Kilogram (1,000 g) | ₦199,798,207 | ₦183,148,357 | ₦174,823,431 | ₦149,848,655 | ₦116,548,954 |
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 · 24K per gram in Ebute Ikorodu
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 | 24K / gram | Change | % |
|---|---|---|---|
| Fri, 21 Aug 2026 | ₦200,653 | +₦4,678 | 2.39% |
| Thu, 20 Aug 2026 | ₦195,975 | +₦1,167 | 0.60% |
| Wed, 19 Aug 2026 | ₦194,808 | +₦5,355 | 2.83% |
| Tue, 18 Aug 2026 | ₦189,453 | -₦2,248 | -1.17% |
| Mon, 17 Aug 2026 | ₦191,701 | +₦1,623 | 0.85% |
| Fri, 14 Aug 2026 | ₦190,078 | +₦728.99 | 0.38% |
| Thu, 13 Aug 2026 | ₦189,349 | -₦1,966 | -1.03% |
| Wed, 12 Aug 2026 | ₦191,315 | +₦1,124 | 0.59% |
| Tue, 11 Aug 2026 | ₦190,191 | +₦919.94 | 0.49% |
| Mon, 10 Aug 2026 | ₦189,271 | — | — |
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Gold rate in Ebute Ikorodu — questions
What is the gold rate in Ebute Ikorodu today?
The gold rate in Ebute Ikorodu today is ₦199,798 per gram for 24K, and ₦199,798 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 Ebute Ikorodu?
One gram of 24K gold costs ₦199,798 in Ebute Ikorodu, and 22K costs ₦183,148 per gram. 18K works out at ₦149,849.
Why is 22K cheaper than 24K in Ebute Ikorodu?
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 ₦16,650 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Ebute Ikorodu 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 8 minutes ago. Exchange rates refresh alongside it.