Live · Nigerian Naira
5 tolas of 16K Gold price in NGN
NGN 7,086,078
-0.25% (-NGN 17,700) vs yesterday
Per gram
NGN 121,505
Per ounce
NGN 3,779,243
Per kg
NGN 121,505,485
5 tolas of 16K Gold · NGN
-8.21% over 1M
High
NGN 7,719,269
Low
NGN 7,084,466
Now
NGN 7,085,660
Live valuation
Gold value calculator
Estimated melt value
NGN 7,086,078
Reference table
Gold price by weight
Global comparison
5 tolas of 16K Gold in every currency
USD$5,346
EUR€4,699
GBP£4,045
TRYTRY 261,550
INR₹513,043
AEDAED 19,636
SARSAR 20,072
CADCA$7,558
AUDA$7,622
CHFCHF 4,425
JPY¥849,136
CNYCN¥35,886
PKRPKR 1,481,083
BDTBDT 657,550
MYRMYR 21,844
SGDSGD 6,840
HKDHK$41,925
ZARZAR 87,834
EGPEGP 276,662
KWDKWD 1,651
QARQAR 19,478
PHP₱335,393
IDRIDR 95,940,998
VND₫138,948,309
THBTHB 178,963
MXNMX$94,825
BRLR$27,759
PLNPLN 20,565
SEKSEK 53,051
NOKNOK 50,834
DKKDKK 35,125
RUBRUB 454,434
NGNNGN 7,086,078
KRW₩7,305,158
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 tolas of 16K Gold in NGN today?
- Based on the latest spot price, 5 tolas of 16k gold is worth about NGN 7,086,078, down 0.25% 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.