🇳🇬Silver Rate in Borno State Today
The silver rate in Borno State today is ₦2,714 per gram for 22K, based on an international spot price of $68.20 per troy ounce. That is down ₦14.17 from the previous close. Rates across Borno State follow the national Nigeria market, since gold is priced internationally and converted at the same exchange rate. The NGN has weakened 0.717% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Silver rate in Borno State — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ₦2,961 | ₦2,714 | ₦2,591 | ₦2,221 | ₦1,727 |
| 1 Troy Ounce (31.1035 g) | ₦92,095 | ₦84,421 | ₦80,583 | ₦69,071 | ₦53,722 |
| 1 Kilogram (1,000 g) | ₦2,960,931 | ₦2,714,186 | ₦2,590,814 | ₦2,220,698 | ₦1,727,210 |
All figures in NGN (Naira). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Silver rate in Borno State — questions
What is the silver rate in Borno State today?
The silver rate in Borno State today is ₦2,714 per gram for 22K, and ₦2,961 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 Borno State?
One gram of 24K silver costs ₦2,961 in Borno State, and 22K costs ₦2,714 per gram. 18K works out at ₦2,221.
Why is 22K cheaper than 24K in Borno State?
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 ₦246.74 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
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.