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Live · Nigerian Naira

1 tola of 16K Gold price in NGN

NGN 1,417,267

-0.25% (-NGN 3,489) vs yesterday

Per gram

NGN 121,510

Per ounce

NGN 3,779,379

Per kg

NGN 121,509,865

1 tola of 16K Gold · NGN

-8.20% over 1M

High

NGN 1,543,854

Low

NGN 1,416,893

Now

NGN 1,417,268

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 1,417,267

Reference table

Gold price by weight

1 gram of 16K GoldNGN 121,510
2 grams of 16K GoldNGN 243,020
3 grams of 16K GoldNGN 364,530
4 grams of 16K GoldNGN 486,039
5 grams of 16K GoldNGN 607,549
8 grams of 16K GoldNGN 972,079
10 grams of 16K GoldNGN 1,215,099
15 grams of 16K GoldNGN 1,822,648
20 grams of 16K GoldNGN 2,430,197
25 grams of 16K GoldNGN 3,037,747
30 grams of 16K GoldNGN 3,645,296
40 grams of 16K GoldNGN 4,860,395
50 grams of 16K GoldNGN 6,075,493
100 grams of 16K GoldNGN 12,150,987
150 grams of 16K GoldNGN 18,226,480
200 grams of 16K GoldNGN 24,301,973
250 grams of 16K GoldNGN 30,377,466
500 grams of 16K GoldNGN 60,754,933
1 ounce of 16K GoldNGN 3,779,379
2 ounces of 16K GoldNGN 7,558,759
5 ounces of 16K GoldNGN 18,896,896
10 ounces of 16K GoldNGN 37,793,793
20 ounces of 16K GoldNGN 75,587,585
50 ounces of 16K GoldNGN 188,968,963
100 ounces of 16K GoldNGN 377,937,927
1 kilogram of 16K GoldNGN 121,509,865
2 kilograms of 16K GoldNGN 243,019,730
5 kilograms of 16K GoldNGN 607,549,325
10 kilograms of 16K GoldNGN 1,215,098,650
1 tola of 16K GoldNGN 1,417,267
2 tolas of 16K GoldNGN 2,834,534
5 tolas of 16K GoldNGN 7,086,334
10 tolas of 16K GoldNGN 14,172,668
20 tolas of 16K GoldNGN 28,345,335
1 tael of 16K GoldNGN 4,547,993
5 taels of 16K GoldNGN 22,739,964

Global comparison

1 tola of 16K Gold in every currency

USD$1,069
EUR€939.56
GBP£808.80
TRYTRY 52,279
INR₹102,672
AEDAED 3,927
SARSAR 4,015
CADCA$1,512
AUDA$1,525
CHFCHF 885.24
JPY¥169,851
CNYCN¥7,178
PKRPKR 296,227
BDTBDT 131,515
MYRMYR 4,369
SGDSGD 1,368
HKDHK$8,385
ZARZAR 17,582
EGPEGP 55,339
KWDKWD 330.28
QARQAR 3,896
PHP₱67,156
IDRIDR 19,189,023
VND₫27,790,660
THBTHB 35,807
MXNMX$18,956
BRLR$5,555
PLNPLN 4,118
SEKSEK 10,606
NOKNOK 10,163
DKKDKK 7,024
RUBRUB 90,881
NGNNGN 1,417,267
KRW₩1,461,817

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 tola of 16K Gold in NGN today?
Based on the latest spot price, 1 tola of 16k gold is worth about NGN 1,417,267, down 0.25% 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.