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Gold rate in Nigeria today vs India (live)

Updated: 10 Nov 2026. Live rate every 30 seconds.

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Today's gold price in Nigeria compared with India, live. The Nigeria column uses the international spot price converted to NGN; local shop prices add a small premium and making charges. The India column shows the Indian market price (including import duty, before 3% GST) converted to NGN.

PurityNigeria: 1 g (NGN)Nigeria: 10 g (NGN)India: 1 g (in NGN)
24KNGN 174,340NGN 1,743,401NGN 203,539
22KNGN 159,818NGN 1,598,176NGN 186,584
18KNGN 130,755NGN 1,307,551NGN 152,654

1 NGN = ₹0

About buying gold in Nigeria

Nigeria's gold jewellery market relies mostly on imports, so local prices move with both the international gold price and the naira exchange rate.

Is gold cheaper in Nigeria or India?

The raw gold price in India is usually higher than the international price because of India's import duty (15% since May 2026: 10% basic customs duty + 5% AIDC). So plain gold is often cheaper abroad. But making charges in India are frequently lower, and if you bring jewellery above the duty-free limit you will pay customs duty at the airport, which can cancel the saving.

Bringing gold from Nigeria to India

Under India's baggage rules, a passenger resident abroad for more than one year can bring gold jewellery duty-free up to 20 g for men and 40 g for women. Since the Baggage Rules 2026 the limit is by weight only, with no rupee value cap. Above that, customs duty applies. Rules change, so check the latest CBIC guidance before you fly. Read our guide: how much gold can an NRI bring to India.

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Bringing gold from Nigeria to India · India gold rate in USD · All NRI guides

Indicative prices only. Always confirm with your jeweller.

Frequently asked questions

Is this price live?

Yes. Prices are calculated in your browser from the live international gold price and live exchange rates, and refresh every 30 seconds.

Why can a shop price be different?

Shops add their own premium and making charges, and some update prices only once or twice a day. Treat these as indicative prices and confirm with your jeweller.

Does the Indian price include import duty?

Yes. The India price includes the 15% import duty (10% basic customs duty + 5% AIDC since May 2026). 3% GST is shown separately.