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Live · Nigerian Naira

500 grams of 16K Gold price in NGN

NGN 60,753,855

-0.26% (-NGN 155,377) vs yesterday

Per gram

NGN 121,508

Per ounce

NGN 3,779,312

Per kg

NGN 121,507,710

500 grams of 16K Gold · NGN

-8.21% over 1M

High

NGN 66,186,566

Low

NGN 60,743,640

Now

NGN 60,753,874

Live valuation

Gold value calculator

SPOT

Estimated melt value

NGN 60,753,855

Reference table

Gold price by weight

1 gram of 16K GoldNGN 121,508
2 grams of 16K GoldNGN 243,015
3 grams of 16K GoldNGN 364,523
4 grams of 16K GoldNGN 486,031
5 grams of 16K GoldNGN 607,539
8 grams of 16K GoldNGN 972,062
10 grams of 16K GoldNGN 1,215,077
15 grams of 16K GoldNGN 1,822,616
20 grams of 16K GoldNGN 2,430,154
25 grams of 16K GoldNGN 3,037,693
30 grams of 16K GoldNGN 3,645,231
40 grams of 16K GoldNGN 4,860,308
50 grams of 16K GoldNGN 6,075,385
100 grams of 16K GoldNGN 12,150,771
150 grams of 16K GoldNGN 18,226,156
200 grams of 16K GoldNGN 24,301,542
250 grams of 16K GoldNGN 30,376,927
500 grams of 16K GoldNGN 60,753,855
1 ounce of 16K GoldNGN 3,779,312
2 ounces of 16K GoldNGN 7,558,624
5 ounces of 16K GoldNGN 18,896,561
10 ounces of 16K GoldNGN 37,793,122
20 ounces of 16K GoldNGN 75,586,245
50 ounces of 16K GoldNGN 188,965,611
100 ounces of 16K GoldNGN 377,931,223
1 kilogram of 16K GoldNGN 121,507,710
2 kilograms of 16K GoldNGN 243,015,419
5 kilograms of 16K GoldNGN 607,538,548
10 kilograms of 16K GoldNGN 1,215,077,096
1 tola of 16K GoldNGN 1,417,242
2 tolas of 16K GoldNGN 2,834,483
5 tolas of 16K GoldNGN 7,086,208
10 tolas of 16K GoldNGN 14,172,416
20 tolas of 16K GoldNGN 28,344,832
1 tael of 16K GoldNGN 4,547,912
5 taels of 16K GoldNGN 22,739,560

Global comparison

500 grams of 16K Gold in every currency

USD$45,830
EUR€40,280
GBP£34,681
TRYTRY 2,241,952
INR₹4,402,177
AEDAED 168,338
SARSAR 172,078
CADCA$64,788
AUDA$65,355
CHFCHF 37,944
JPY¥7,278,513
CNYCN¥307,653
PKRPKR 12,697,362
BDTBDT 5,637,191
MYRMYR 187,269
SGDSGD 58,648
HKDHK$359,428
ZARZAR 753,102
EGPEGP 2,372,006
KWDKWD 14,156
QARQAR 166,985
PHP₱2,875,333
IDRIDR 821,858,474
VND₫1,191,207,445
THBTHB 1,533,640
MXNMX$812,795
BRLR$237,984
PLNPLN 176,464
SEKSEK 454,759
NOKNOK 435,845
DKKDKK 301,111
RUBRUB 3,895,797
NGNNGN 60,753,855
KRW₩62,642,336

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 500 grams of 16K Gold in NGN today?
Based on the latest spot price, 500 grams of 16k gold is worth about NGN 60,753,855, down 0.26% 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.