Gold has become one of Nigeria’s favorite ways to escape economic uncertainty. With inflation continuing to rise and the naira struggling to maintain its strength, many Nigerians are looking for a safe place to store their money, and gold is moving into it.
Its value doesn’t depreciate as quickly as cash, and unlike real estate or stocks, it’s easy to buy, sell, or even trade.
More Nigerians are beginning to see gold as a savings plan, something you can hold and rely on when times get tough. Nairametrics reported that gold in October 2025 surged to over US $4,250 per ounce, reflecting a rough 58 % increase year-on-year.
Lagos is at the heart of this growing demand. Some people prefer to hold it as long-term savings, while others buy and sell for profit. Either way, the goal is the same: to maintain the value of something tangible.
Finding a place to buy gold is an important next step for anyone in Lagos. The city has become the hub of Nigeria’s growing gold trade, with dealers and jewelers offering everything from investment-grade bars to opulent jewelry.
Whether you’re buying your first Gram or adding to an existing collection, knowing where to buy is just as important as knowing why you should..
Top 5 Place in Lagos
1. Popo Plaza
2. Tejuosho Ultra Modern Shopping Complex
3. Egbeda market
4. Aguda Shopping Complex
5. Allen Road
