Live · Nigerian Naira
5 taels of 8K Gold price in NGN
NGN 11,342,520
-0.35% (-NGN 39,395) vs yesterday
Per gram
NGN 60,608
Per ounce
NGN 1,885,125
Per kg
NGN 60,608,191
5 taels of 8K Gold · NGN
-8.29% over 1M
High
NGN 12,368,074
Low
NGN 11,342,525
Now
NGN 11,342,525
Live valuation
Gold value calculator
Estimated melt value
NGN 11,342,520
Reference table
Gold price by weight
Global comparison
5 taels of 8K Gold in every currency
USD$8,556
EUR€7,522
GBP£6,473
TRYTRY 417,997
INR₹821,559
AEDAED 31,426
SARSAR 32,126
CADCA$12,096
AUDA$12,201
CHFCHF 7,084
JPY¥1,359,525
CNYCN¥57,432
PKRPKR 2,370,520
BDTBDT 1,052,429
MYRMYR 34,958
SGDSGD 10,950
HKDHK$67,101
ZARZAR 140,702
EGPEGP 442,822
KWDKWD 2,643
QARQAR 31,175
PHP₱537,447
IDRIDR 153,423,018
VND₫222,391,158
THBTHB 286,555
MXNMX$151,635
BRLR$44,421
PLNPLN 32,955
SEKSEK 84,889
NOKNOK 81,337
DKKDKK 56,226
RUBRUB 727,315
NGNNGN 11,342,520
KRW₩11,694,221
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 taels of 8K Gold in NGN today?
- Based on the latest spot price, 5 taels of 8k gold is worth about NGN 11,342,520, down 0.35% from yesterday.
- How is the price calculated?
- Spot price per troy ounce (31.1035 g) × weight in grams ÷ 31.1035 × purity (33.3%) × 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.