Gold rates in uganda

gold rates in Uganda

Today’s Gold Rates in Uganda 2025 | Live 24K, 22K,18K Prices

Gold rates in Uganda, Uganda is fast emerging as one of East Africa’s most vibrant gold markets, attracting investors, traders, and jewelers alike. Whether you’re a gold dealer in Kampala, a miner in Mubende, or simply looking to invest in 24K gold bars, knowing the latest gold rates in Uganda is crucial. With daily price fluctuations driven by global trends, local demand, and currency exchange rates, staying updated can give you the competitive edge. Contact Gold Buyers Africa if you need the most affordable gold rates across the continent.

This guide brings you real-time gold prices in Uganda, including 24K, 22K, and 18K purity, plus valuable insights to help you make smart gold investments or trading decisions. Gold rates in Uganda

Gold rates in uganda

Today’s Gold Rate in Uganda

Weight Price (USD)
1 gram $78.00
10 gram $780.00
1 Tola (11.66g) $998.82
1 ounce (31.1g) $3,397.40
1 kilogram $77,500

Real-Time Gold Price in Kampala (24K – Updated)

Weight Price (USD)

 

1g $385.00
5g $770.00
10g $1,925.00
25g $1,925.00
50g $3,850.00
100g $7,700.00
150g $11,550.00
250g $19,250.00
500g $38,500.00
1kg $77,500.00

Live Gold Price Chart in Uganda by Purity (USD)

Purity    Price/Gram (USD)
24k $77.00
22k $70.45
21k $67.32
18k $57.46
14k $45.68
10k $33.91
8k $27.39
6k $20.89

Historical Gold Rate in Uganda (2020–2025)

Year Avg. 24K Price (UGX/g) Avg. Price (USD/g) Key Trend
2020 UGX 190,000 $51.00 Pandemic-induced demand
2021 UGX 210,000 $56.00 Inflation + weak UGX
2022 UGX 230,000 $60.00 Market recovery
2023 UGX 250,000 $65.00 Steady growth
2024 UGX 275,000 $71.00 Economic uncertainty
2025 UGX 295,000 $77.00 Rising demand & forex effects

Weekend vs Weekday Gold Prices in Uganda

Day Avg. 24K Price (UGX/g) Avg. 24K Price (USD/g) Remarks
Weekday UGX 295,000 $77.00 Based on the global spot rate
Weekend UGX 297,000 – 300,000 $77.50 – $78.30 Slight rise due to demand and fewer

24K Gold Price in Uganda

Weight Price (USD)
1g $75
10g $710.52
50g $3,857.60
100g $7,715.20
500g $38,576.00
1kg $71,000

 

22K Gold Price in Uganda

Weight Price (USD)
1g $62
10g $610.52
50g $3,857.60
100g $4,715.20
500g $28,576.00
1kg $61,000

 

18K Gold Prices in Uganda

18K Gold:

Weight Price (USD)
1g $55
10g $533.11
50g $2,610.44
100g $5,221.13
500g $23,105.60
1kg $52,211.20

 

14K Gold:

Weight Price (USD)
1g $47
10g $461.62
50g $2,101.00
100g $4,320.12
500g $21,105.60
1kg $42,211.20

Tola Gold Price in Uganda Today

A Tola is a traditional unit of mass used in South Asia, equivalent to approximately 11.66 grams.

Weight Price (UGX) Price (USD)
1 Tola UGX 4,146,796.45 $1,119.64

Note: Gold prices are subject to fluctuation due to market dynamics and currency exchange rates. For the most accurate and up-to-date information, it’s advisable to consult local dealers or financial institutions. Gold rates in Uganda

Where to Buy Gold in Uganda

Uganda has quickly become a regional hub for gold trading, offering buyers access to high-quality gold at competitive prices. If you’re looking for a safe, secure, and legal way to purchase gold in Uganda, here are the most trusted places to consider:

1 Kampala Gold Market

Located in the heart of Uganda’s capital, the Kampala Gold Market is a bustling center where traders, miners, and dealers converge to sell and buy gold. It’s ideal for buyers looking for a wide range of purity levels (from 18K to 24K). However, it’s important to deal only with verified vendors to avoid counterfeit gold.

2 Licensed Gold Dealers in Uganda

To ensure you’re buying legally sourced and tested gold, always purchase from licensed dealers approved by the Uganda Ministry of Energy and Mineral Development or registered with the Uganda Revenue Authority (URA). These dealers are obligated to follow gold verification standards, making your transaction safer and more traceable.

3 Gold Buyers Africa – Uganda Office

For the most reliable and professional service, Gold Buyers Africa stands out as Uganda’s most trusted gold trading partner. We offer:

  • Authentic 24K and 22K gold at competitive prices
  • Assistance with documentation and legal compliance
  • Secure transactions with flexible quantities from small investments to bulk deals
  • Expert support and real-time guidance from our Kampala-based team

Whether you’re a first-time buyer or a seasoned investor, Gold Buyers Africa ensures a transparent, stress-free, and profitable experience or Visit our website www.goldbuyersafrica.com

Factors Influencing Gold Prices in Uganda

Gold prices in Uganda are influenced by several interconnected factors:

1 Global Economic Conditions: The economic stability or instability worldwide affects investor demand for gold as a safe-haven asset. Economic instability often leads to increased gold purchases, driving the prices high.

2 Currency Exchange Rates: Gold is traded in U.S. dollars. Changes in the exchange rate between the Ugandan Shilling and the U.S. dollar can impact local gold prices where the shilling is weaker against the dollar, which makes gold more expensive in Uganda.

3 Supply and Demand Dynamics. The balance between gold supply (from mining and recycling) and demand (for jewelry, investment, and industrial uses) directly affects prices. Disruptions in supply or surges in demand can lead to price volatility. Gold rates in Uganda

4 Geopolitical Events: political instability or conflicts in gold-producing countries can disrupt supply chains, which leads to prices going high, and leads to smuggling activities in neighboring countries like the Democratic Republic of Congo have influenced regional gold markets.

5 Government Policies: Regulations, taxes, and export policies create an impact on gold prices. Uganda’s suspension of export tariffs on gold has contributed to increased exports and may influence domestic prices. Gold rates in Uganda

How to Start a Gold Business in Uganda – Quick Guide

Uganda’s rapidly growing gold sector presents a great opportunity for entrepreneurs and investors. However, starting a gold business in Uganda requires proper legal steps, compliance, and local knowledge. Here’s a brief guide to help you get started:

1 Obtain Export Permits

To legally export gold from Uganda, you must secure an export permit from the Ministry of Energy and Mineral Development. This permit ensures your gold is traceable, legally sourced, and compliant with national regulations.

Gold Buyers Africa assists with every step of the export permit application process, including documentation, form submission, and follow-up with the right authorities.

2 Source Gold Legally

Uganda is strict on gold traceability. Whether you buy from miners, refineries, or gold dealers, always ensure the gold is sourced through licensed suppliers. Failure to do so can result in penalties or confiscation.

At Gold Buyers Africa, we provide access to verified, conflict-free gold sourced directly from licensed mines and dealers. Our gold meets all legal and purity standards.

3 Register with the Uganda Revenue Authority (URA)

All gold traders must register their business with the Uganda Revenue Authority (URA) for tax compliance and transaction tracking. You’ll also need a TIN (Tax Identification Number) to operate legally.

Our team at Gold Buyers Africa guides clients through URA registration, helping you set up your gold business legally and efficiently.

Let Gold Buyers Africa Help You Succeed

Starting a gold business in Uganda can be complex, but with the right partner, it becomes smooth and profitable. Gold Buyers Africa offers full support, from sourcing and legal paperwork to secure transactions and international exports. Whether you’re new to the gold industry or looking to scale up, we’re here to ensure your success from day one.

Uganda’s Role in the East African Gold Market

Uganda has become an outstanding player in East Africa’s gold industry

  • Export Growth: In 2024, Uganda’s gold exports surged over tenfold, reaching $3.3 billion, up from $2.3 billion. This remarkable growth is attributed to new processing plants like Wagagai Mining Ltd and favorable government policies.
  • Mining Activities: The increased mining activities, both legal and illicit, have positioned Uganda as a key gold exporter. Gold rates in Uganda

Impact of Global Trends on Uganda’s Gold Rates

World trends have a profound impact on Uganda’s gold rates:

  • Price Forecasts: International forecasts project gold prices reaching approximately $3,000 per ounce in 2025, influenced by economic and geopolitical factors. These global trends directly affect Uganda’s gold market, given its export orientation.
  • Investment Demand: Global investor sentiment towards gold as a hedge against inflation and currency fluctuations influences demand, thereby impacting local prices in Uganda. Gold rates in Uganda

NOTE. Uganda’s gold market is shaped by a combination of local developments and global economic and geopolitical trends. Staying informed about these factors is crucial for investors and policymakers aiming to navigate the complexities of the gold market effectively.

Gold Buying and Selling Regulations in Uganda

To legally trade gold in Uganda, individuals and entities must:

1 Register a Business: Always establish a business entity compliant with Ugandan laws.

2 Obtain a Mineral Dealer’s License: Apply for this license through the Directorate of Geological Survey and Mines (DGSM), which authorizes the purchase, sale, and export of minerals, including gold. Gold rates in Uganda

3 Export Permit: obtain an export permit to help you export gold from Uganda and which is from the Ministry of Trade and Industry.

4 Comply with Assaying Requirements: Always submit gold samples to government-approved laboratories for purity certification and obtain an assay report essential for export procedures.

5 Maintain Transparency: Always ensure all transactions are transparent, with clear agreements detailing parties involved, obligations, and timelines to prevent fraudulent activities.

Taxes on Gold in Uganda

Gold trading in Uganda is subject to various taxes, like

1 Export Levy: A $200 tax is imposed on each kilogram of gold exported, and Value-Added Tax (VAT) at the standard rate of 18% is applied to most goods and services like gold. Gold rates in Uganda

2 Withholding Tax: A 15% withholding tax is levied on payments for goods and services supplied within Uganda, and Import duty is imported gold may attract duties with rates that change based on classification and origin.

Import and Export Rules for Gold in Uganda

1 All importers must obtain an importation permit, charged at $360 as per the Mining and Mineral (Licensing) Regulations 2025.

2 All Exporters are required to obtain a mineral dealer’s license and an export permit and documents like as commercial invoices, assay certificates, and proof of tax payments.

3 Pay all applicable export taxes like the $200 per kilogram levy and submit a certificate of origin to verify the gold’s provenance, and always ensure you comply with customs declarations and obtain necessary clearances.

Legal Gold Trading in Uganda: Required Documents

Obtain these documents for legal gold trading, like

1 Mineral Dealer’s License: obtain this license issued by the DGSM, permitting the purchase, sale, and export of minerals. Gold rates in Uganda

2 Export Permit: Granted by the Ministry of Trade and Industry, authorizing gold exportation.

3 Assay Certificate: Always verify the gold’s purity and get the certificate from approved laboratories.

4 Commercial Invoice: Have details of the transaction showing sale price and quantity.

5 Certificate of Origin: Always ensure you confirm the goods’ origin, which has to be issued by the Uganda Chamber of Commerce and Industry.

6 Proof of Tax Payments: You have complied with tax obligations like export levies and VAT.

7 Customs Declaration Form: get all the necessary documents for customs clearance, detailing the shipment’s specifics.

Conclusion

Whether you’re buying, selling, or investing, understanding Uganda’s gold rate trends gives you the power to make profitable decisions. With accurate, up-to-date prices and expert insights, you’re in a stronger position to navigate the gold market confidently.

Visit www.goldbuyersafrica.com for live gold prices, historical data, and trusted support from professionals who understand Uganda’s gold market better than anyone. Gold rates in Uganda

Frequently Asked Questions (FAQs) on Gold Prices in Uganda

  1. What is the gold price in Uganda today?

Gold prices in Uganda change daily based on international market trends, local demand, and the UGX/USD exchange rate. You can check today’s updated 24K, 22K, and 18K rates on Gold Buyers Africa.

  1. How much is 1 gram of 24K gold in Uganda right now?

As of today, 1 gram of 24K gold in Uganda ranges between UGX 280,000 to UGX 320,000, depending on market fluctuations and dealer margins.

  1. What is the price of 1 ounce of gold in Uganda?

One ounce (approximately 31.1 grams) of 24K gold in Uganda can cost between UGX 8.7 million and UGX 9.9 million, depending on the daily market rate.

  1. How are gold rates determined in Uganda?

Gold rates are influenced by global prices set by the London Bullion Market, the UGX/USD exchange rate, government policies, and local demand/supply conditions.

  1. Does the gold price in Uganda change daily?

Yes, gold prices in Uganda change every day. Traders, jewelers, and investors monitor rates daily to make informed decisions.

  1. Why is the gold price in Uganda different from international rates?

Uganda’s local gold prices include transport, refining, export taxes, and currency exchange fees, which cause slight differences from international benchmarks.

  1. What factors affect gold prices in Uganda?

Key factors include:

  • Global market prices
  • Exchange rates
  • Political stability
  • Mining supply
  • Taxation policies
  1. Where can I check live gold prices in Uganda?

You can check live gold rates in Uganda on Gold Buyers Africa, which provides daily updates on gold purity levels and weights.

  1. Is gold cheaper to buy in Uganda than in other African countries?

In many cases, yes. Uganda has competitive prices due to proximity to mining sources and low local taxes compared to some other countries.

  1. What is the price difference between 24K and 22K gold in Uganda?

24K gold is 99.9% pure, while 22K is around 91.6% pure. This results in a price difference of UGX 15,000 to UGX 25,000 per gram, depending on the dealer.

  1. How can I verify real gold prices in Kampala markets?

Visit certified dealers or use trusted platforms like Gold Buyers Africa. Avoid street vendors and always request purity tests or documentation.

  1. Can I get live gold price alerts in Uganda?

Yes, you can subscribe to Gold Buyers Africa’s newsletter or WhatsApp alert system to receive real-time price updates and gold market news.

  1. How much is a 100g gold bar worth in Uganda today?

A 100g bar of 24K gold can cost between UGX 28 million to UGX 32 million, depending on the current daily rate.

  1. What is the gold price trend in Uganda from 2020 to 2025?

Gold prices have steadily increased from 2020 to 2025 due to inflation, currency fluctuations, and strong global demand. Prices have risen by over 25% in that period.

  1. Where can I buy gold at the best rate in Uganda?

You can buy competitively priced gold from Gold Buyers Africa, licensed Kampala dealers, and selected gold traders in Uganda’s central and eastern regions.

  1. Do gold prices in Uganda include VAT or taxes?

Gold prices in Uganda may include local taxes and export charges, depending on the seller. It’s important to clarify this before completing a transaction.

  1. Is it legal to trade gold privately in Uganda?

Yes, but you must follow regulations from the Ministry of Energy and Mineral Development and register with URA for legal trading and export permits.

  1. How can I start a gold business based on price fluctuations?

To profit from gold price movements, track live prices daily, buy during dips, and sell during peaks. Gold Buyers Africa offers expert help for new traders.

  1. Does the USD/UGX exchange rate affect gold prices in Uganda?

Absolutely. Since gold is priced in USD globally, any changes in the USD/UGX rate directly impact local gold prices in Uganda.

20. How can Gold Buyers Africa help me get the best gold rates in Uganda?

Gold Buyers Africa offers:

  • Real-time gold price updates
  • Access to certified 24K and 22K gold
  • Export support and legal compliance
  • The best pricing for bulk and retail buyers across Uganda