Gold Price in Eritrea Today

Live gold spot prices in Nakfa (ERN).

Gold spot price per troy ounce 60,534.75 ERN
≈ $4,035.65 USD -405.75 ERN (-0.67%) Updated Wednesday, 28 October 2026, 5:44 AM
24K Gram 1,946.24 ERN
22K Gram 1,782.75 ERN
21K Gram 1,702.96 ERN
18K Gram 1,459.68 ERN
1 Kilo (24K) 1,946,237.41 ERN

Daily Gold Market Report in Eritrea (Wednesday, 28 October 2026, 5:44 AM)

Declining Today
24K Gram Change -13.05 ERN
Ounce Change -405.75 ERN (-0.67%)
7-Day Trend -3.28%
30-Day Trend -6.88%

Gold prices in Eritrea edged lower today (Wednesday, 28 October 2026, 5:44 AM), with the live spot price per troy ounce retreating by -405.75 ERN (-0.67%) from the previous session’s close of 60,940.50 ERN to trade at 60,534.75 ERN (equivalent to $4,035.65 USD internationally). On a per-gram basis, pure 24K gold declined by -13.05 ERN today to stand at 1,946.24 ERN ($129.75 USD) in Nakfa (ERN).

Across local jewelry and bullion counters in Eritrea today, 22K gold is priced at 1,782.75 ERN per gram, 21K gold stands at 1,702.96 ERN per gram, and 18K gold trades at 1,459.68 ERN per gram (excluding local jeweler workmanship fees), with 22K serving as the primary retail jewelry standard. For physical bullion and coin buyers, 1 Tola (11.66g) of 24K gold is valued at 22,700.53 ERN, an 8-gram Gold Pound (21K) is valued at 13,623.66 ERN, and a 1-kilogram 24K investment bar is valued at 1,946,237.41 ERN.

From a broader technical perspective, today’s ounce price of 60,534.75 ERN sits within a 30-day trading corridor between a monthly low of 60,000.00 ERN and a monthly high of 63,025.21 ERN, compared with a 52-week average of 66,739.48 ERN. Over recent horizons, gold in ERN has recorded a -3.28% change over the past 7 days, -6.88% over 30 days, and -0.09% over the past year, while the local exchange rate stands at 1 USD = 15.00 ERN and the live Gold-to-Silver Ratio tracks at 1 oz Gold ≈ 75.1 oz Silver.

Gold price per gram in Nakfa

Purity Fineness / Hallmark Price per gram (ERN) Price per gram (USD)
23K 965 (96.5%) 1,878.12 ERN $125.21 USD
21K 875 (87.5%) 1,702.96 ERN $113.53 USD
14K 585 (58.5%) 1,138.55 ERN $75.90 USD
12K 500 (50%) 973.12 ERN $64.87 USD
10K 417 (41.7%) 811.58 ERN $54.11 USD
9K 375 (37.5%) 729.84 ERN $48.66 USD
8K 333 (33.3%) 648.10 ERN $43.21 USD

These are indicative spot-equivalent prices. Local retail prices may include taxes, dealer premiums and jewelry making charges.

Gold Price by Weight Unit in Eritrea (ERN)

Compare live gold prices in Nakfa across standard international and regional weight measurements—including grams, troy ounces, tolas, and kilograms—for the most traded gold purities.

Weight Unit Metric Weight 24K (ERN) 22K (ERN) 21K (ERN) 18K (ERN) 24K (USD)
1 Gram 1.00 g 1,946.24 ERN 1,782.75 ERN 1,702.96 ERN 1,459.68 ERN $129.75 USD
1 Tola 11.66 g 22,700.53 ERN 20,793.69 ERN 19,862.96 ERN 17,025.40 ERN $1,513.37 USD
1 Troy Ounce 31.10 g 60,534.75 ERN 55,449.83 ERN 52,967.91 ERN 45,401.06 ERN $4,035.65 USD
100 Grams 100.00 g 194,623.74 ERN 178,275.35 ERN 170,295.77 ERN 145,967.81 ERN $12,974.92 USD
1 Kilogram (1,000 g) 1,000.00 g 1,946,237.41 ERN 1,782,753.46 ERN 1,702,957.73 ERN 1,459,678.05 ERN $129,749.16 USD

Gold Bars & Investment Bullion Prices in Eritrea (ERN)

Live spot-equivalent valuations for 24K (.9999 fine) investment gold bars, ingots, and bullion weights in Nakfa (ERN) and US Dollars.

Bar / Bullion Weight Purity / Fineness Bullion Price (ERN) Bullion Price (USD)
1 Gram 24K (999.9 Fine) 1,946.24 ERN $129.75 USD
5 Grams 24K (999.9 Fine) 9,731.19 ERN $648.75 USD
10 Grams 24K (999.9 Fine) 19,462.37 ERN $1,297.49 USD
20 Grams 24K (999.9 Fine) 38,924.75 ERN $2,594.98 USD
1 Ounce (31.1 Grams) 24K (999.9 Fine) 60,534.75 ERN $4,035.65 USD
50 Grams 24K (999.9 Fine) 97,311.87 ERN $6,487.46 USD
100 Grams 24K (999.9 Fine) 194,623.74 ERN $12,974.92 USD
10 Tolas (116.65 Grams) 24K (999.9 Fine) 227,028.59 ERN $15,135.24 USD
250 Grams (1/4 Kilo) 24K (999.9 Fine) 486,559.35 ERN $32,437.29 USD
500 Grams (1/2 Kilo) 24K (999.9 Fine) 973,118.70 ERN $64,874.58 USD
1000 Grams (1 Kilo) 24K (999.9 Fine) 1,946,237.41 ERN $129,749.16 USD

Investment gold bars and coins typically carry a small minting and dealer premium of 1% to 3% above the intrinsic spot value shown above.

Gold Coins, Sovereign & Gold Pound Prices in Eritrea (ERN)

Live intrinsic gold valuations for popular regional and international gold coins—including the 8g Gold Pound (21K), British Sovereign (22K), and fractional 24K bullion coins—in Nakfa (ERN) and US Dollars.

Coin / Sovereign Type Gross Weight & Purity Pure Gold (24K) Coin Value (ERN) Coin Value (USD)
Gold Pound (8g • 21K) 8.00 g • 21K 7.00 g 13,623.66 ERN $908.24 USD
British Gold Sovereign (7.99g • 22K) 7.99 g • 22K 7.32 g 14,251.09 ERN $950.07 USD
Half Gold Pound (4g • 21K) 4.00 g • 21K 3.50 g 6,811.83 ERN $454.12 USD
Quarter Gold Pound (2g • 21K) 2.00 g • 21K 1.75 g 3,405.92 ERN $227.06 USD
1 oz Bullion Coin (Krugerrand / Eagle / Maple) 31.10 g • 24K 31.10 g 60,534.75 ERN $4,035.65 USD
1/2 oz Bullion Coin 15.55 g • 24K 15.55 g 30,267.38 ERN $2,017.83 USD
1/4 oz Bullion Coin 7.78 g • 24K 7.78 g 15,133.69 ERN $1,008.91 USD
1/10 oz Bullion Coin 3.11 g • 24K 3.11 g 6,053.48 ERN $403.57 USD

Gold coins typically carry a minting and dealer premium of 1.5% to 4% above their raw gold melt value.

Interactive Gold & Silver Calculator (ERN)

Calculate the exact spot value of any gold or silver weight and karat purity in Nakfa (ERN) or switch between 150+ world currencies in real time.

60,726.60

Historical Gold Price Chart in Eritrea (ERN)

Track historical spot gold price movements in Nakfa (ERN) per troy ounce across 1-month, 3-month, 6-month, 1-year, and multi-year timeframes.

Daily Market Indicators & Historical Range in Eritrea

Intraday trading benchmarks, bid/ask spread, and 52-week high/low performance for gold (XAU/ERN) per troy ounce.

Today’s Intraday Spot Indicators (ERN / oz)

Bid Price (Spot) 60,531.72 ERN
Ask Price (Spot) 60,537.78 ERN
Day’s High 61,061.40 ERN
Day’s Low 60,484.80 ERN
Today’s Open 60,940.50 ERN
Previous Close 60,526.95 ERN
24h Change -405.75 ERN
24h Change (%) -0.67%

Historical Highs, Lows & Averages (ERN / oz)

1-Month High 63,025.21 ERN
1-Month Low 60,000.00 ERN
6-Month High 70,754.72 ERN
6-Month Low 59,523.81 ERN
1-Year High (52W) 80,213.90 ERN
1-Year Low (52W) 59,288.54 ERN
1-Year Average 66,739.48 ERN

Gold Price Performance & Historical Returns in Eritrea (ERN)

Time Horizon Reference Date Historical Spot (ERN/oz) Net Change (ERN) Percentage Change
1 Day 2026-10-28 60,434.40 ERN -506.10 ERN -0.83%
1 Week 2026-10-20 61,983.47 ERN -2,035.82 ERN -3.28%
30 Days 2026-09-27 64,377.68 ERN -4,430.03 ERN -6.88%
6 Months 2026-04-27 70,093.46 ERN -10,145.81 ERN -14.47%
1 Year 2025-10-27 60,000.00 ERN -52.35 ERN -0.09%
5 Years 2021-10-27 26,931.10 ERN +33,016.55 ERN +122.60%
10 Years 2016-10-27 19,697.94 ERN +40,249.71 ERN +204.33%

Last 14 Days Daily Gold Price History in Eritrea (ERN)

Day-by-day closing spot gold prices in Nakfa (ERN) per gram (24K, 22K, 21K, 18K) and per troy ounce over the past two weeks.

Date 24K Gram (ERN) 22K Gram (ERN) 21K Gram (ERN) 18K Gram (ERN) Ounce (ERN) Daily Change
2026-10-28 1,946.18 ERN 1,782.70 ERN 1,702.91 ERN 1,459.64 ERN 60,533.10 ERN -0.32%
2026-10-27 1,952.47 ERN 1,788.47 ERN 1,708.42 ERN 1,464.36 ERN 60,728.74 ERN +0.81%
2026-10-26 1,936.79 ERN 1,774.10 ERN 1,694.69 ERN 1,452.59 ERN 60,240.96 ERN +0.40%
2026-10-25 1,929.04 ERN 1,767.01 ERN 1,687.91 ERN 1,446.78 ERN 60,000.00 ERN +0.00%
2026-10-24 1,929.04 ERN 1,767.01 ERN 1,687.91 ERN 1,446.78 ERN 60,000.00 ERN +0.00%
2026-10-23 1,929.04 ERN 1,767.01 ERN 1,687.91 ERN 1,446.78 ERN 60,000.00 ERN -1.20%
2026-10-22 1,952.47 ERN 1,788.47 ERN 1,708.42 ERN 1,464.36 ERN 60,728.74 ERN -2.02%
2026-10-21 1,992.81 ERN 1,825.42 ERN 1,743.71 ERN 1,494.61 ERN 61,983.47 ERN +0.00%
2026-10-20 1,992.81 ERN 1,825.42 ERN 1,743.71 ERN 1,494.61 ERN 61,983.47 ERN -0.41%
2026-10-19 2,001.08 ERN 1,832.99 ERN 1,750.95 ERN 1,500.81 ERN 62,240.66 ERN -0.41%
2026-10-18 2,009.42 ERN 1,840.63 ERN 1,758.24 ERN 1,507.07 ERN 62,500.00 ERN +0.00%
2026-10-17 2,009.42 ERN 1,840.63 ERN 1,758.24 ERN 1,507.07 ERN 62,500.00 ERN +0.00%
2026-10-16 2,009.42 ERN 1,840.63 ERN 1,758.24 ERN 1,507.07 ERN 62,500.00 ERN +0.42%
2026-10-15 2,001.08 ERN 1,832.99 ERN 1,750.95 ERN 1,500.81 ERN 62,240.66 ERN +1.66%

Local Currency (ERN) vs. US Dollar Impact on Gold in Eritrea

Local gold prices in Eritrea are determined by two live markets: international spot gold (XAU/USD) and the Nakfa (ERN) exchange rate. Even when global gold is flat, a weaker ERN raises local gold prices.

Exchange Rate & Gold Sensitivity (ERN)

1 US Dollar (USD/ERN) 1 USD = 15.00 ERN
1 Euro (EUR/ERN) 1 EUR = 16.67 ERN
Global Spot Gold (XAU/USD) $4,035.65 USD
Local Spot Gold (XAU/ERN) 60,534.75 ERN
±1%% Currency Move (24K Gram) ±19.46 ERN
±1%% Currency Move (1 Ounce) ±605.35 ERN

Currency & Monetary Profile (Eritrea)

Official Currency Nakfa (ERN)
Symbol & Subunit Nfk • cent
Central Bank / Authority Bank of Eritrea
Capital & Region Asmara • Africa

Local Gold Market Guide & Jewelry Making Charges in Eritrea

When buying gold jewelry or bullion in Eritrea, the retail price you pay at local goldsmiths and dealers combines the live international spot value in Nakfa (ERN) with workmanship fees (making charges) and applicable local taxes.

Most Popular Gold Karats in Eritrea

24K .999 • 100%
1,946.24 ERN / g

Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia.

22K .916 • 91.6%
1,782.75 ERN / g

Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia.

18K .750 • 75%
1,459.68 ERN / g

Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe.

Estimated Jewelry Making Charges (Workmanship) in Eritrea (ERN)

Country-Specific Goldsmith Workmanship Benchmark in Eritrea • Typical Workmanship Fee / Gram 1,000.00 – 4,000.00 ERN
Est. 22K Retail Price with Workmanship / Gram 2,782.75 – 5,782.75 ERN
Category / Item Type Typical Markup Est. Making Charge / g (ERN) Est. Retail Price / g (22K ERN)
Investment Gold Bars & Coins (24K) 1% – 3% 19.46 – 58.39 ERN 1,965.70 – 2,004.62 ERN (24K)
Standard / Machine-Made Jewelry 6% – 12% 106.97 – 213.93 ERN 1,889.72 – 1,996.68 ERN (22K)
Handcrafted / Bridal & Designer Jewelry 12% – 22% 213.93 – 392.21 ERN 1,996.68 – 2,174.96 ERN (22K)
Retail Jewelry Pricing Formula: Final Retail Price = (Spot Gold Price per Gram × Weight in Grams) + Making Charges (Workmanship) + Local VAT / Taxes

Silver Price Today & Gold-to-Silver Ratio in Eritrea (ERN)

Compare live silver spot prices per gram, troy ounce, and kilogram in Nakfa (ERN) alongside the real-time Gold-to-Silver Ratio.

Silver Spot Ounce 806.41 ERN
999 Pure Silver Gram 25.93 ERN
925 Sterling Gram 23.98 ERN
1 Kilo Silver (999) 25,926.84 ERN
Gold-to-Silver Ratio 1 oz Gold ≈ 75.1 oz Silver
Silver Grade / Fineness Fineness / Hallmark 1 Gram (ERN) 1 Troy Ounce (ERN) 1 Kilogram (ERN) 1 Gram (USD)
999 99.9% 25.90 ERN 805.61 ERN 25,900.92 ERN $1.73 USD
958 95.8% 24.84 ERN 772.55 ERN 24,837.92 ERN $1.66 USD
925 92.5% 23.98 ERN 745.93 ERN 23,982.33 ERN $1.60 USD
900 90% 23.33 ERN 725.77 ERN 23,334.16 ERN $1.56 USD
800 80% 20.74 ERN 645.13 ERN 20,741.48 ERN $1.38 USD

Silver Price Today & Gold-to-Silver Ratio in Eritrea (ERN) →

Regional Gold Price Comparison (Africa)

Compare today’s live 24K and 21K gold gram prices and troy ounce rates across countries in Africa in their respective local currencies.

Country Currency 24K Gram 21K Gram 1 Troy Ounce
Angola Angolan kwanza (AOA) 119,493.73 AOA 104,557.01 AOA 3,716,670.41 AOA
Benin West African CFA Franc (XOF) 76,756.79 XOF 67,162.19 XOF 2,387,403.12 XOF
Botswana Botswana Pula (BWP) 1,804.03 BWP 1,578.52 BWP 56,111.54 BWP
Burkina Faso West African CFA Franc (XOF) 76,756.79 XOF 67,162.19 XOF 2,387,403.12 XOF
Burundi Burundi Franc (BIF) 391,229.70 BIF 342,325.99 BIF 12,168,604.01 BIF
Cameroon Central African CFA Franc (XAF) 76,757.14 XAF 67,162.50 XAF 2,387,414.06 XAF
Cape Verde Cape Verdean escudo (CVE) 12,902.60 CVE 11,289.77 CVE 401,315.71 CVE
Central African Republic Central African CFA Franc (XAF) 76,757.14 XAF 67,162.50 XAF 2,387,414.06 XAF

Frequently Asked Questions

What is the gold price per gram in Eritrea today?
Today in Eritrea, 24K pure gold costs 1,946.24 ERN ($129.75 USD) per gram, 22K gold costs 1,782.75 ERN per gram, 21K gold costs 1,702.96 ERN per gram, and 18K gold costs 1,459.68 ERN per gram based on live international spot rates.
How much does 1 troy ounce and 1 kilogram of gold cost in Eritrea?
At current market rates in Eritrea, 1 troy ounce (31.1035 grams) of 24K fine gold is valued at 60,534.75 ERN ($4,035.65 USD), 1 tola (11.6638 grams) is 22,700.53 ERN, and 1 kilogram (1,000 grams) of 24K gold is valued at 1,946,237.41 ERN.
Which gold karats are most commonly used in Eritrea?
The most widely traded gold purities in Eritrea are 24K, 22K, 18K. 24K (.999 fineness) is the standard for investment bars and bullion coins, while 22K is widely preferred for everyday and fine jewelry due to its balance of gold purity and structural durability.
Why do retail gold jewelry prices in Eritrea differ from the spot gold price?
The prices shown in spot tables reflect raw international bullion rates in Nakfa (ERN). Retail jewelry shops in Eritrea add a workmanship fee (making charge)—typically ranging from 6% to 20% of the gold value depending on design intricacy—along with dealer margins and any applicable national VAT or import duties.
How often are Eritrea gold prices updated on this page?
Gold prices for Eritrea in Nakfa (ERN) are updated continuously throughout the global trading week using live XAU/USD spot feeds and real-time ERN foreign exchange rates.