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Live · Nigerian Naira

1 tael of 16K Gold price in NGN

NGN 4,547,912

-0.26% (-NGN 11,631) vs yesterday

Per gram

NGN 121,508

Per ounce

NGN 3,779,312

Per kg

NGN 121,507,710

1 tael of 16K Gold · NGN

-8.21% over 1M

High

NGN 4,954,594

Low

NGN 4,547,147

Now

NGN 4,547,913

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 4,547,912

Reference table

Gold price by weight

1 gram of 16K GoldNGN 121,508
2 grams of 16K GoldNGN 243,015
3 grams of 16K GoldNGN 364,523
4 grams of 16K GoldNGN 486,031
5 grams of 16K GoldNGN 607,539
8 grams of 16K GoldNGN 972,062
10 grams of 16K GoldNGN 1,215,077
15 grams of 16K GoldNGN 1,822,616
20 grams of 16K GoldNGN 2,430,154
25 grams of 16K GoldNGN 3,037,693
30 grams of 16K GoldNGN 3,645,231
40 grams of 16K GoldNGN 4,860,308
50 grams of 16K GoldNGN 6,075,385
100 grams of 16K GoldNGN 12,150,771
150 grams of 16K GoldNGN 18,226,156
200 grams of 16K GoldNGN 24,301,542
250 grams of 16K GoldNGN 30,376,927
500 grams of 16K GoldNGN 60,753,855
1 ounce of 16K GoldNGN 3,779,312
2 ounces of 16K GoldNGN 7,558,624
5 ounces of 16K GoldNGN 18,896,561
10 ounces of 16K GoldNGN 37,793,122
20 ounces of 16K GoldNGN 75,586,245
50 ounces of 16K GoldNGN 188,965,611
100 ounces of 16K GoldNGN 377,931,223
1 kilogram of 16K GoldNGN 121,507,710
2 kilograms of 16K GoldNGN 243,015,419
5 kilograms of 16K GoldNGN 607,538,548
10 kilograms of 16K GoldNGN 1,215,077,096
1 tola of 16K GoldNGN 1,417,242
2 tolas of 16K GoldNGN 2,834,483
5 tolas of 16K GoldNGN 7,086,208
10 tolas of 16K GoldNGN 14,172,416
20 tolas of 16K GoldNGN 28,344,832
1 tael of 16K GoldNGN 4,547,912
5 taels of 16K GoldNGN 22,739,560

Global comparison

1 tael of 16K Gold in every currency

USD$3,431
EUR€3,015
GBP£2,596
TRYTRY 167,828
INR₹329,538
AEDAED 12,601
SARSAR 12,881
CADCA$4,850
AUDA$4,892
CHFCHF 2,840
JPY¥544,855
CNYCN¥23,030
PKRPKR 950,499
BDTBDT 421,989
MYRMYR 14,019
SGDSGD 4,390
HKDHK$26,906
ZARZAR 56,376
EGPEGP 177,564
KWDKWD 1,060
QARQAR 12,500
PHP₱215,242
IDRIDR 61,522,682
VND₫89,171,407
THBTHB 114,805
MXNMX$60,844
BRLR$17,815
PLNPLN 13,210
SEKSEK 34,042
NOKNOK 32,626
DKKDKK 22,541
RUBRUB 291,632
NGNNGN 4,547,912
KRW₩4,689,280

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

USDEURGBPTRYINRAEDSARCADAUDCHFPKRMYR

Other metals

Silver price in NGNPlatinum price in NGNPalladium price in NGN

Methodology

Frequently asked questions

How much is 1 tael of 16K Gold in NGN today?
Based on the latest spot price, 1 tael of 16k gold is worth about NGN 4,547,912, down 0.26% from yesterday.
How is the price calculated?
Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (66.7%) × 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.