Live · Nigerian Naira
1 tael of 8K Gold price in NGN
NGN 2,270,049
-0.28% (-NGN 6,437) vs yesterday
Per gram
NGN 60,649
Per ounce
NGN 1,886,410
Per kg
NGN 60,649,478
1 tael of 8K Gold · NGN
-8.22% over 1M
High
NGN 2,473,727
Low
NGN 2,270,297
Now
NGN 2,270,510
Live valuation
Gold value calculator
Estimated melt value
NGN 2,270,049
Reference table
Gold price by weight
Global comparison
1 tael of 8K Gold in every currency
USD$1,712
EUR€1,505
GBP£1,296
TRYTRY 83,826
INR₹164,397
AEDAED 6,289
SARSAR 6,429
CADCA$2,422
AUDA$2,443
CHFCHF 1,418
JPY¥271,857
CNYCN¥11,496
PKRPKR 474,405
BDTBDT 210,620
MYRMYR 6,997
SGDSGD 2,191
HKDHK$13,429
ZARZAR 28,145
EGPEGP 88,617
KWDKWD 528.90
QARQAR 6,239
PHP₱107,353
IDRIDR 30,709,572
VND₫44,506,512
THBTHB 57,323
MXNMX$30,360
BRLR$8,890
PLNPLN 6,595
SEKSEK 16,991
NOKNOK 16,287
DKKDKK 11,251
RUBRUB 145,562
NGNNGN 2,270,049
KRW₩2,342,174
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 8K Gold in NGN today?
- Based on the latest spot price, 1 tael of 8k gold is worth about NGN 2,270,049, down 0.28% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (33.3%) × 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.