Live · Nigerian Naira
5 grams of 16K Gold price in NGN
NGN 607,527
-0.26% (-NGN 1,599) vs yesterday
Per gram
NGN 121,505
Per ounce
NGN 3,779,242
Per kg
NGN 121,505,460
5 grams of 16K Gold · NGN
-8.22% over 1M
High
NGN 661,903
Low
NGN 607,471
Now
NGN 607,527
Live valuation
Gold value calculator
Estimated melt value
NGN 607,527
Reference table
Gold price by weight
Global comparison
5 grams of 16K Gold in every currency
USD$458.26
EUR€402.78
GBP£346.74
TRYTRY 22,428
INR₹43,998
AEDAED 1,683
SARSAR 1,721
CADCA$648.10
AUDA$653.69
CHFCHF 379.36
JPY¥72,751
CNYCN¥3,077
PKRPKR 126,964
BDTBDT 56,368
MYRMYR 1,873
SGDSGD 586.37
HKDHK$3,594
ZARZAR 7,532
EGPEGP 23,717
KWDKWD 141.55
QARQAR 1,670
PHP₱28,731
IDRIDR 8,218,737
VND₫11,911,184
THBTHB 15,340
MXNMX$8,125
BRLR$2,379
PLNPLN 1,765
SEKSEK 4,547
NOKNOK 4,359
DKKDKK 3,011
RUBRUB 38,956
NGNNGN 607,527
KRW₩626,870
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 5 grams of 16K Gold in NGN today?
- Based on the latest spot price, 5 grams of 16k gold is worth about NGN 607,527, 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.