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Live · Nigerian Naira

40 grams of 16K Gold price in NGN

NGN 4,860,218

-0.26% (-NGN 12,794) vs yesterday

Per gram

NGN 121,505

Per ounce

NGN 3,779,242

Per kg

NGN 121,505,460

40 grams of 16K Gold · NGN

-8.22% over 1M

High

NGN 5,295,223

Low

NGN 4,859,765

Now

NGN 4,860,220

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 4,860,218

Reference table

Gold price by weight

1 gram of 16K GoldNGN 121,505
2 grams of 16K GoldNGN 243,011
3 grams of 16K GoldNGN 364,516
4 grams of 16K GoldNGN 486,022
5 grams of 16K GoldNGN 607,527
8 grams of 16K GoldNGN 972,044
10 grams of 16K GoldNGN 1,215,055
15 grams of 16K GoldNGN 1,822,582
20 grams of 16K GoldNGN 2,430,109
25 grams of 16K GoldNGN 3,037,637
30 grams of 16K GoldNGN 3,645,164
40 grams of 16K GoldNGN 4,860,218
50 grams of 16K GoldNGN 6,075,273
100 grams of 16K GoldNGN 12,150,546
150 grams of 16K GoldNGN 18,225,819
200 grams of 16K GoldNGN 24,301,092
250 grams of 16K GoldNGN 30,376,365
500 grams of 16K GoldNGN 60,752,730
1 ounce of 16K GoldNGN 3,779,242
2 ounces of 16K GoldNGN 7,558,485
5 ounces of 16K GoldNGN 18,896,211
10 ounces of 16K GoldNGN 37,792,423
20 ounces of 16K GoldNGN 75,584,845
50 ounces of 16K GoldNGN 188,962,113
100 ounces of 16K GoldNGN 377,924,226
1 kilogram of 16K GoldNGN 121,505,460
2 kilograms of 16K GoldNGN 243,010,920
5 kilograms of 16K GoldNGN 607,527,301
10 kilograms of 16K GoldNGN 1,215,054,602
1 tola of 16K GoldNGN 1,417,215
2 tolas of 16K GoldNGN 2,834,431
5 tolas of 16K GoldNGN 7,086,077
10 tolas of 16K GoldNGN 14,172,154
20 tolas of 16K GoldNGN 28,344,308
1 tael of 16K GoldNGN 4,547,828
5 taels of 16K GoldNGN 22,739,139

Global comparison

40 grams of 16K Gold in every currency

USD$3,666
EUR€3,222
GBP£2,774
TRYTRY 179,421
INR₹351,987
AEDAED 13,465
SARSAR 13,765
CADCA$5,185
AUDA$5,230
CHFCHF 3,035
JPY¥582,012
CNYCN¥24,614
PKRPKR 1,015,713
BDTBDT 450,942
MYRMYR 14,980
SGDSGD 4,691
HKDHK$28,752
ZARZAR 60,255
EGPEGP 189,734
KWDKWD 1,132
QARQAR 13,358
PHP₱229,845
IDRIDR 65,749,900
VND₫95,289,468
THBTHB 122,723
MXNMX$64,998
BRLR$19,034
PLNPLN 14,121
SEKSEK 36,378
NOKNOK 34,868
DKKDKK 24,088
RUBRUB 311,644
NGNNGN 4,860,218
KRW₩5,014,956

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 40 grams of 16K Gold in NGN today?
Based on the latest spot price, 40 grams of 16k gold is worth about NGN 4,860,218, 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.