Live · Nigerian Naira
1 tael of 23K Gold price in NGN
NGN 6,532,084
-0.26% (-NGN 16,706) vs yesterday
Per gram
NGN 174,519
Per ounce
NGN 5,428,158
Per kg
NGN 174,519,319
1 tael of 23K Gold · NGN
-8.21% over 1M
High
NGN 7,116,193
Low
NGN 6,530,985
Now
NGN 6,532,086
Live valuation
Gold value calculator
Estimated melt value
NGN 6,532,084
Reference table
Gold price by weight
Global comparison
1 tael of 23K Gold in every currency
USD$4,927
EUR€4,331
GBP£3,729
TRYTRY 241,048
INR₹473,310
AEDAED 18,099
SARSAR 18,501
CADCA$6,966
AUDA$7,027
CHFCHF 4,080
JPY¥782,565
CNYCN¥33,078
PKRPKR 1,365,185
BDTBDT 606,095
MYRMYR 20,135
SGDSGD 6,306
HKDHK$38,645
ZARZAR 80,971
EGPEGP 255,031
KWDKWD 1,522
QARQAR 17,954
PHP₱309,148
IDRIDR 88,363,912
VND₫128,075,274
THBTHB 164,893
MXNMX$87,389
BRLR$25,587
PLNPLN 18,973
SEKSEK 48,894
NOKNOK 46,861
DKKDKK 32,375
RUBRUB 418,865
NGNNGN 6,532,084
KRW₩6,735,128
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 23K Gold in NGN today?
- Based on the latest spot price, 1 tael of 23k gold is worth about NGN 6,532,084, down 0.26% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (95.8%) × 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.