Live · Nigerian Naira
50 grams of 16K Gold price in NGN
NGN 6,074,054
-0.28% (-NGN 17,224) vs yesterday
Per gram
NGN 121,481
Per ounce
NGN 3,778,484
Per kg
NGN 121,481,086
50 grams of 16K Gold · NGN
-8.23% over 1M
High
NGN 6,619,042
Low
NGN 6,074,050
Now
NGN 6,074,050
Live valuation
Gold value calculator
Estimated melt value
NGN 6,074,054
Reference table
Gold price by weight
Global comparison
50 grams of 16K Gold in every currency
USD$4,582
EUR€4,027
GBP£3,467
TRYTRY 224,297
INR₹439,884
AEDAED 16,828
SARSAR 17,204
CADCA$6,480
AUDA$6,536
CHFCHF 3,793
JPY¥727,418
CNYCN¥30,761
PKRPKR 1,269,384
BDTBDT 563,563
MYRMYR 18,722
SGDSGD 5,863
HKDHK$35,932
ZARZAR 75,307
EGPEGP 237,115
KWDKWD 1,415
QARQAR 16,694
PHP₱287,249
IDRIDR 82,170,729
VND₫119,087,710
THBTHB 153,382
MXNMX$81,237
BRLR$23,789
PLNPLN 17,647
SEKSEK 45,464
NOKNOK 43,579
DKKDKK 30,104
RUBRUB 389,485
NGNNGN 6,074,054
KRW₩6,267,040
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 50 grams of 16K Gold in NGN today?
- Based on the latest spot price, 50 grams of 16k gold is worth about NGN 6,074,054, 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.