Live · Nigerian Naira
5 ounces of 23K Gold price in NGN
NGN 27,134,841
-0.28% (-NGN 76,943) vs yesterday
Per gram
NGN 174,481
Per ounce
NGN 5,426,968
Per kg
NGN 174,481,079
5 ounces of 23K Gold · NGN
-8.23% over 1M
High
NGN 29,569,484
Low
NGN 27,134,820
Now
NGN 27,134,820
Live valuation
Gold value calculator
Estimated melt value
NGN 27,134,841
Reference table
Gold price by weight
Global comparison
5 ounces of 23K Gold in every currency
USD$20,468
EUR€17,989
GBP£15,487
TRYTRY 1,002,008
INR₹1,965,108
AEDAED 75,176
SARSAR 76,854
CADCA$28,947
AUDA$29,199
CHFCHF 16,944
JPY¥3,249,621
CNYCN¥137,422
PKRPKR 5,670,765
BDTBDT 2,517,624
MYRMYR 83,635
SGDSGD 26,190
HKDHK$160,522
ZARZAR 336,423
EGPEGP 1,059,272
KWDKWD 6,322
QARQAR 74,577
PHP₱1,283,236
IDRIDR 367,084,253
VND₫532,004,806
THBTHB 685,208
MXNMX$362,911
BRLR$106,272
PLNPLN 78,834
SEKSEK 203,103
NOKNOK 194,684
DKKDKK 134,486
RUBRUB 1,739,962
NGNNGN 27,134,841
KRW₩27,996,974
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 ounces of 23K Gold in NGN today?
- Based on the latest spot price, 5 ounces of 23k gold is worth about NGN 27,134,841, down 0.28% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (95.8%) × 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.