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Live · Nigerian Naira

5 ounces of 16K Gold price in NGN

NGN 18,892,421

-0.28% (-NGN 53,571) vs yesterday

Per gram

NGN 121,481

Per ounce

NGN 3,778,484

Per kg

NGN 121,481,086

5 ounces of 16K Gold · NGN

-8.23% over 1M

High

NGN 20,587,522

Low

NGN 18,892,406

Now

NGN 18,892,406

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 18,892,421

Reference table

Gold price by weight

1 gram of 16K GoldNGN 121,481
2 grams of 16K GoldNGN 242,962
3 grams of 16K GoldNGN 364,443
4 grams of 16K GoldNGN 485,924
5 grams of 16K GoldNGN 607,405
8 grams of 16K GoldNGN 971,849
10 grams of 16K GoldNGN 1,214,811
15 grams of 16K GoldNGN 1,822,216
20 grams of 16K GoldNGN 2,429,622
25 grams of 16K GoldNGN 3,037,027
30 grams of 16K GoldNGN 3,644,433
40 grams of 16K GoldNGN 4,859,243
50 grams of 16K GoldNGN 6,074,054
100 grams of 16K GoldNGN 12,148,109
150 grams of 16K GoldNGN 18,222,163
200 grams of 16K GoldNGN 24,296,217
250 grams of 16K GoldNGN 30,370,271
500 grams of 16K GoldNGN 60,740,543
1 ounce of 16K GoldNGN 3,778,484
2 ounces of 16K GoldNGN 7,556,968
5 ounces of 16K GoldNGN 18,892,421
10 ounces of 16K GoldNGN 37,784,841
20 ounces of 16K GoldNGN 75,569,683
50 ounces of 16K GoldNGN 188,924,206
100 ounces of 16K GoldNGN 377,848,413
1 kilogram of 16K GoldNGN 121,481,086
2 kilograms of 16K GoldNGN 242,962,171
5 kilograms of 16K GoldNGN 607,405,428
10 kilograms of 16K GoldNGN 1,214,810,856
1 tola of 16K GoldNGN 1,416,931
2 tolas of 16K GoldNGN 2,833,862
5 tolas of 16K GoldNGN 7,084,655
10 tolas of 16K GoldNGN 14,169,311
20 tolas of 16K GoldNGN 28,338,622
1 tael of 16K GoldNGN 4,546,916
5 taels of 16K GoldNGN 22,734,578

Global comparison

5 ounces of 16K Gold in every currency

USD$14,251
EUR€12,525
GBP£10,783
TRYTRY 697,640
INR₹1,368,191
AEDAED 52,341
SARSAR 53,509
CADCA$20,154
AUDA$20,329
CHFCHF 11,797
JPY¥2,262,523
CNYCN¥95,679
PKRPKR 3,948,226
BDTBDT 1,752,876
MYRMYR 58,230
SGDSGD 18,234
HKDHK$111,762
ZARZAR 234,232
EGPEGP 737,510
KWDKWD 4,402
QARQAR 51,924
PHP₱893,443
IDRIDR 255,579,537
VND₫370,404,181
THBTHB 477,071
MXNMX$252,674
BRLR$73,991
PLNPLN 54,888
SEKSEK 141,409
NOKNOK 135,547
DKKDKK 93,634
RUBRUB 1,211,435
NGNNGN 18,892,421
KRW₩19,492,674

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 5 ounces of 16K Gold in NGN today?
Based on the latest spot price, 5 ounces of 16k gold is worth about NGN 18,892,421, down 0.28% 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.