Live · Nigerian Naira
1 tael of 12K Gold price in NGN
NGN 3,408,482
-0.28% (-NGN 9,665) vs yesterday
Per gram
NGN 91,065
Per ounce
NGN 2,832,447
Per kg
NGN 91,065,282
1 tael of 12K Gold · NGN
-8.23% over 1M
High
NGN 3,714,305
Low
NGN 3,408,480
Now
NGN 3,408,480
Live valuation
Gold value calculator
Estimated melt value
NGN 3,408,482
Reference table
Gold price by weight
Global comparison
1 tael of 12K Gold in every currency
USD$2,571
EUR€2,260
GBP£1,945
TRYTRY 125,865
INR₹246,843
AEDAED 9,443
SARSAR 9,654
CADCA$3,636
AUDA$3,668
CHFCHF 2,128
JPY¥408,194
CNYCN¥17,262
PKRPKR 712,321
BDTBDT 316,246
MYRMYR 10,506
SGDSGD 3,290
HKDHK$20,164
ZARZAR 42,259
EGPEGP 133,058
KWDKWD 794.14
QARQAR 9,368
PHP₱161,191
IDRIDR 46,110,468
VND₫66,826,595
THBTHB 86,071
MXNMX$45,586
BRLR$13,349
PLNPLN 9,903
SEKSEK 25,512
NOKNOK 24,455
DKKDKK 16,893
RUBRUB 218,561
NGNNGN 3,408,482
KRW₩3,516,777
Other purities
24K (999) Gold23K (958) Gold22K (916) Gold21K (875) Gold20K (833) Gold18K (750) Gold16K (667) Gold15K (625) Gold14K (585) Gold12K (500) Gold10K (417) Gold9K (375) Gold8K (333) Gold
Other currencies
Other metals
Methodology
Frequently asked questions
- How much is 1 tael of 12K Gold in NGN today?
- Based on the latest spot price, 1 tael of 12k gold is worth about NGN 3,408,482, down 0.28% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (50.0%) × USD/NGN exchange rate.
- Why do shops charge more?
- Dealers add a premium for minting, making charges, taxes and margin. Use the calculator above to estimate melt value.