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Gold Price in Eritrea Today

Live 24K gold rate in ERN, per gram. Every purity, every weight.

ERNย 1,950per gram+0.26% 24h

Last updated Aug 1, 2026, 12:59 PM

At a glance

Eritrea market summary

Region
Africa
ISO code
ER ยท ERI
Currency
ERN โ€” Eritrean Nakfa
Preferred weight
Gram (g)

Live prices

By purity ยท per g

Gold Price by Purity

Live prices in ERN for every common purity.

PurityPer gPer oz tPer tolaPer kg
24 Karat (999)ERNย 1,950ERNย 60,649ERNย 22,744ERNย 1,949,925
22 Karat (916)ERNย 1,788ERNย 55,603ERNย 20,851ERNย 1,787,675
21 Karat (875)ERNย 1,706ERNย 53,074ERNย 19,903ERNย 1,706,355
18 Karat (750)ERNย 1,463ERNย 45,492ERNย 17,059ERNย 1,462,590
14 Karat (585)ERNย 1,138ERNย 35,380ERNย 13,268ERNย 1,137,505
10 Karat (417)ERNย 812.61ERNย 25,275ERNย 9,478ERNย 812,615

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Estimated value

ERNย 1,950

ERNย 1,950 per gram at selected purity

30-day trend

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Currency

About the Eritrean Nakfa (ERN)

Gold in Eritrea is quoted in Eritrean Nakfa (ERN, Nfk). Our engine converts the international spot price using the live USD/ERN exchange rate.

1 USD in ERN
15
1 ERN in USD
0.066667
Decimals
2

Explore ERN gold prices โ†’

Gold Price in Eritrea โ€” FAQs

How is the gold price in Eritrea calculated?

The international spot price (XAU/USD) is converted into ERN using the live exchange rate, then adjusted for purity (24K, 22K, 18Kโ€ฆ) and the local weight unit.

Which purity is most popular in Eritrea?

Jewelry markets typically trade 22K (91.6% pure), while investment bars and coins are 24K (99.9%). The right purity depends on whether you buy for wear, value or resale.

Are gold prices in Eritrea the same as international rates?

Local retail prices closely follow the international spot rate but may include a small dealer premium, tax and making charges. KmalServico shows the pure spot value.

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Methodology

How we calculate the price

  • We fetch the international spot gold price (XAU/USD) live from gold-api.com, with automatic failover between providers.
  • The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18Kโ€ฆ) and by weight (gram, tola, ounce, kilogram, baht).
  • The result is the pure spot value. Retail counters may add dealer premium, tax and making charges โ€” the number here is the underlying benchmark.