Live · Nigerian Naira
5 kilograms of 16K Gold price in NGN
NGN 606,793,416
-0.38% (-NGN 2,333,491) vs yesterday
Per gram
NGN 121,359
Per ounce
NGN 3,774,677
Per kg
NGN 121,358,683
5 kilograms of 16K Gold · NGN
-8.33% over 1M
High
NGN 661,903,245
Low
NGN 606,792,853
Now
NGN 606,792,853
Live valuation
Gold value calculator
Estimated melt value
NGN 606,793,416
Reference table
Gold price by weight
Global comparison
5 kilograms of 16K Gold in every currency
USD$457,710
EUR€402,284
GBP£346,317
TRYTRY 22,390,893
INR₹43,946,182
AEDAED 1,681,094
SARSAR 1,718,606
CADCA$647,252
AUDA$652,711
CHFCHF 379,046
JPY¥72,685,029
CNYCN¥3,072,576
PKRPKR 126,810,692
BDTBDT 56,299,573
MYRMYR 1,870,116
SGDSGD 585,668
HKDHK$3,589,649
ZARZAR 7,523,236
EGPEGP 23,687,943
KWDKWD 141,379
QARQAR 1,667,708
PHP₱28,716,435
IDRIDR 8,208,805,369
VND₫11,896,788,956
THBTHB 15,314,479
MXNMX$8,113,083
BRLR$2,376,532
PLNPLN 1,763,262
SEKSEK 4,541,474
NOKNOK 4,355,463
DKKDKK 3,007,320
RUBRUB 38,909,086
NGNNGN 606,793,416
KRW₩625,249,259
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 kilograms of 16K Gold in NGN today?
- Based on the latest spot price, 5 kilograms of 16k gold is worth about NGN 606,793,416, down 0.38% 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.