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Live · Nigerian Naira

20 ounces of 16K Gold price in NGN

NGN 75,587,585

-0.25% (-NGN 186,091) vs yesterday

Per gram

NGN 121,510

Per ounce

NGN 3,779,379

Per kg

NGN 121,509,865

20 ounces of 16K Gold · NGN

-8.20% over 1M

High

NGN 82,338,904

Low

NGN 75,567,673

Now

NGN 75,587,654

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 75,587,585

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

20 ounces of 16K Gold in every currency

USD$57,024
EUR€50,110
GBP£43,136
TRYTRY 2,788,224
INR₹5,475,863
AEDAED 209,450
SARSAR 214,114
CADCA$80,621
AUDA$81,331
CHFCHF 47,213
JPY¥9,058,741
CNYCN¥382,807
PKRPKR 15,798,790
BDTBDT 7,014,118
MYRMYR 232,988
SGDSGD 72,978
HKDHK$447,210
ZARZAR 937,730
EGPEGP 2,951,388
KWDKWD 17,615
QARQAR 207,772
PHP₱3,581,647
IDRIDR 1,023,414,878
VND₫1,482,169,000
THBTHB 1,909,706
MXNMX$1,010,993
BRLR$296,281
PLNPLN 219,628
SEKSEK 565,627
NOKNOK 542,053
DKKDKK 374,630
RUBRUB 4,847,008
NGNNGN 75,587,585
KRW₩77,963,618

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 20 ounces of 16K Gold in NGN today?
Based on the latest spot price, 20 ounces of 16k gold is worth about NGN 75,587,585, 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.