Gold Price in Nigeria per Tola
1 Gold Tola = 1,670,399.60 Nigerian Naira
Gold price is updated at Wednesday 06 November 2024, 11:57 pm, GMT (Thursday 07 November 2024, 12:57 am, Lagos time)
Current Rate | 1,671,686.83 NGN/tola |
Bid Price | 1,671,484.22 NGN/tola |
Ask Price | 1,671,889.45 NGN/tola |
Open Price | 1,711,396.49 NGN/tola |
The following table shows the latest gold price in Nigeria in Nigerian Naira (NGN) per Tola. The rates are updated every few minutes and are updated more frequently at times of strong price moves based on live spot gold price (Bid Price).
Gold prices per Tola are converted from USD to Nigerian Naira according to the latest exchange rates where 1 USD = 1,672.07 Nigerian Naira.
Gold Unit | Nigerian Naira (NGN) |
---|---|
Gold Tola 24K (.999) | 1,668,729.20 |
Gold Tola 22K (.916) | 1,530,086.03 |
Gold Tola 21K (.875) | 1,461,599.65 |
Gold Tola 18K (.750) | 1,252,799.70 |
Gold Tola 14K (.585) | 977,183.77 |
Gold Tola 12K (.500) | 835,199.80 |
Gold Tola 10K (.417) | 696,556.63 |
Gold Tola 9K (.375) | 626,399.85 |
Gold Tola 8K (.333) | 556,243.07 |
Tola is a unit for weighing gold used in Jewelleries in Nigeria. 1 Tola = 0.375 troy ounce, 1 troy ounce = 2.6666666666667 Tola. Today, Wednesday 06 November 2024 in Nigeria, 1 Tola of gold = 1,670,399.60 Nigerian Naira.
Gold price chart in Nigeria in Nigerian Naira Tola
Commonly Used Gold Tola Karats in Nigeria
Note: Do not be confused between the two terms of "Karat" and "Carat". Carat is a unit of weight for diamonds where 1 carat= 0.2 grams. While a karat is a unit of purity of gold where gold 18 karat means gold which is 18/24 pure i.e. the absolutely pure gold should be karat 24.
The following are commonly used Tola karats in Nigeria as well as other countries:
- Karat 24 is also called (.999) and is 999/1000 pure. Practically, it is never used in making jewelleries in America and Europe but sometimes used in Asia. Today, Wednesday 06 November 2024, the current price of gold Tola 24K in Nigeria is 1,668,729.20 Nigerian Naira.
- Karat 22 is also called (.916) and is 916/1000 pure. Practically, it is rarely used in making jewelleries in America and Europe but is commonly used in Asia. Today, Wednesday 06 November 2024, the current price of gold Tola 22K in Nigeria is 1,530,086.03 Nigerian Naira.
- Karat 21 is also called (.875) and is 875/1000 pure. Practically, it is rarely used in making jewelleries except some countries in middle east. Today, Wednesday 06 November 2024, the current price of gold Tola 21K in Nigeria is 1,461,599.65 Nigerian Naira.
- Karat 18 is also called (.750) and is 750/1000 pure. Practically, it is sometimes used in making jewelleries in America and Asia, and it is the most common in Europe. Today, Wednesday 06 November 2024, the current price of gold Tola 18K in Nigeria is 1,252,799.70 Nigerian Naira.
- Karat 14 is also called (.585) and is 585/1000 pure. However, karat 14 should be 14/24 pure i.e. 583 but practically karat 14 is slightly higer in purity than this so it is called .585 and not .583. Practically, it is the most common in America and is sometimes used in Europe and rarely used in Asia. Today, Wednesday 06 November 2024, the current price of gold Tola 14K in Nigeria is 977,183.77 Nigerian Naira.
- Karat 12 is also called (.500) and is 500/1000 pure. Practically, it is rarely used. Today, Wednesday 06 November 2024, the current price of gold Tola 12K in Nigeria is 835,199.80 Nigerian Naira.
- Karat 10 is also called (.417) and is 417/1000 pure. Practically, it is sometimes used in Europe and never used in Asia. It is the minimum accepted standard in America. Today, Wednesday 06 November 2024, the current price of gold Tola 10K in Nigeria is 696,556.63 Nigerian Naira.
- Karat 9 is also called (.375) and is 375/1000 pure. Practically, it is sometimes used England and Canada. Today, Wednesday 06 November 2024, the current price of gold Tola 9K in Nigeria is 626,399.85 Nigerian Naira.
- Karat 8 is practically never used in USA and Asia. It is the minimum accepted standard in Europe. Today, Wednesday 06 November 2024, the current price of gold Tola 8K in Nigeria is 556,243.07 Nigerian Naira.
Historical gold prices in Nigerian Naira per Tola
Date | Tola |
05 Nov 24 | 1,683,198.09 |
---|---|
04 Nov 24 | 1,687,621.91 |
03 Nov 24 | 1,684,246.09 |
02 Nov 24 | 1,685,367.99 |
01 Nov 24 | 1,695,908.97 |
31 Oct 24 | 1,719,181.50 |
29 Oct 24 | 1,696,492.73 |
28 Oct 24 | 1,686,640.86 |
27 Oct 24 | 1,694,889.04 |
26 Oct 24 | 1,690,060.39 |
25 Oct 24 | 1,681,234.12 |
24 Oct 24 | 1,685,754.59 |
23 Oct 24 | 1,677,317.86 |
18 Oct 24 | 1,662,721.74 |
17 Oct 24 | 1,643,285.48 |
16 Oct 24 | 1,636,260.12 |
15 Oct 24 | 1,620,137.12 |
14 Oct 24 | 1,635,629.21 |
11 Oct 24 | 1,634,008.37 |
12 Oct 24 | 1,635,638.25 |
11 Oct 24 | 1,607,232.12 |
10 Oct 24 | 1,588,012.39 |
09 Oct 24 | 1,591,079.88 |
08 Oct 24 | 1,605,962.37 |
07 Oct 24 | 1,644,702.38 |
06 Oct 24 | 1,628,992.14 |
05 Oct 24 | 1,628,992.14 |
04 Oct 24 | 1,657,589.95 |
03 Oct 24 | 1,662,195.07 |
02 Oct 24 | 1,661,727.47 |
Amount | NGN |
1 tola | 1,670,399.60 |
---|---|
2 tola | 3,340,799.20 |
3 tola | 5,011,198.80 |
4 tola | 6,681,598.40 |
5 tola | 8,351,998.00 |
6 tola | 10,022,397.60 |
7 tola | 11,692,797.20 |
8 tola | 13,363,196.80 |
9 tola | 15,033,596.40 |
10 tola | 16,703,996.00 |
20 tola | 33,407,992.01 |
30 tola | 50,111,988.01 |
40 tola | 66,815,984.02 |
50 tola | 83,519,980.02 |
60 tola | 100,223,976.02 |
70 tola | 116,927,972.03 |
80 tola | 133,631,968.03 |
90 tola | 150,335,964.04 |
100 tola | 167,039,960.04 |
200 tola | 334,079,920.08 |
300 tola | 501,119,880.12 |
400 tola | 668,159,840.16 |
500 tola | 835,199,800.20 |
600 tola | 1,002,239,760.24 |
700 tola | 1,169,279,720.28 |
800 tola | 1,336,319,680.32 |
900 tola | 1,503,359,640.36 |
1000 tola | 1,670,399,600.40 |
Gold Price in Major Cities of Nigeria
NGN/Tola | |
---|---|
Lagos | 1,670,399.60 |
Kano | 1,670,399.60 |
Ibadan | 1,670,399.60 |
Kaduna | 1,670,399.60 |
Port Harcourt | 1,670,399.60 |
Benin City | 1,670,399.60 |
Maiduguri | 1,670,399.60 |
Zaria | 1,670,399.60 |
Aba | 1,670,399.60 |
Jos | 1,670,399.60 |
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