🇧🇯Gold Rate in Parakou Today
The gold rate in Parakou today is XOF 76,915 per gram for 22K, based on an international spot price of $4,641.30 per troy ounce. That is up XOF 992.67 from the previous close. This is the international spot price converted into XOF for Parakou. 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 Benin's larger markets, with a population of around 255,478. The XOF has weakened 0.14% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Gold rate in Parakou — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | XOF 83,907 | XOF 76,915 | XOF 73,419 | XOF 62,931 | XOF 48,946 |
| 1 Troy Ounce (31.1035 g) | XOF 2,609,813 | XOF 2,392,329 | XOF 2,283,587 | XOF 1,957,360 | XOF 1,522,391 |
| 1 Kilogram (1,000 g) | XOF 83,907,447 | XOF 76,915,160 | XOF 73,419,016 | XOF 62,930,585 | XOF 48,946,011 |
All figures in XOF (Franc). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Gold rate in Parakou — questions
What is the gold rate in Parakou today?
The gold rate in Parakou today is XOF 76,915 per gram for 22K, and XOF 83,907 per gram for 24K. These are live figures converted from international spot at the current XOF exchange rate.
What is the price of 1 gram of gold in Parakou?
One gram of 24K gold costs XOF 83,907 in Parakou, and 22K costs XOF 76,915 per gram. 18K works out at XOF 62,931.
Why is 22K cheaper than 24K in Parakou?
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 XOF 6,992 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Parakou different from other cities?
The underlying metal price is identical everywhere in Benin — 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 1 month ago. Exchange rates refresh alongside it.