Top 10 Trusted Gold Sellers in Kenya | Prices & Buying Guide (2025)
Looking for reliable gold sellers in Kenya? You’re in the right place. Whether you’re an investor, jeweler, or first-time buyer, this guide lists verified gold dealers in Kenya, updated gold prices, and how to buy gold legally and safely in 2025. Gold Buyers Africa stands out as the nation’s premier gold dealer. Whether you’re looking for investment-grade 24K bars, durable 22K jewelry alloys, or stylish 18K fashion pieces, Gold Buyers Africa offers an unmatched selection in various sizes from 1 g coins to 1 kg bars. Backed by full assay certification and Ministry of Mining licensing, our transparent pricing guarantees the most competitive rates in Nairobi and beyond. With secure logistics, flexible payment options (USD or KES), and dedicated customer support, we make buying and selling gold in Kenya simple, safe, and profitable. Discover why thousands of investors and jewelry enthusiasts trust Gold Buyers Africa for superior quality and service. Gold Sellers in Kenya
Top 10 Verified Gold Dealers in Kenya (2025)
- Gold Buyers Africa – Nairobi
Their highly trusted gold dealer with operations across Africa, known for buying and selling physical gold (bars, nuggets, and dust) with high levels of transparency ad also does gold trading, assay testing, export documentation, and secure logistics. Website: goldbuyersafrica.com
- Kenya Bullion Exchange Ltd
It’s located in the Nairobi CBD, and it’s a government-licensed dealer specializing in gold bullion trade and investment-grade gold products, providing 24K gold bars, real-time prices, storage solutions, and investment consulting. Gold Sellers in Kenya
- Aurum Mines & Metals Ltd
It’s an established gold exporter with extensive sourcing from artisanal miners across Western Kenya, providing gold sourcing, refinery linkage, export handling, and third-party verification.
- Nairobi Gold Refinery (NGR)
Kenya’s leading refining facility and gold processing company, which is not a direct dealer, NGR verifies purity and processes gold for many sellers. Also, they provide services like Gold refining, purity testing (assay), export packaging, and KRA compliance.
- Kilimanjaro Precious Metals Ltd
It’s an East African company offering cross-border gold trade, particularly between Kenya, Uganda, and Tanzania. They specialize in large quantity gold transactions and secure trade for foreign buyers. Gold Sellers in Kenya
- Africa Gold Exporters (AGE), Kenya
AGE is known for facilitating gold exports from Kenya to the Middle East and Europe, and they deal mostly in 22K and 24K gold. They provide export documentation, CIF/DDP delivery terms, and customs clearance.
- Jumia Precious Metals (Partnered Seller)
It’s a verified seller operating under Jumia’s platform, providing the best for small-quantity gold purchases like Gold coins, chains, and small bars (1g–100g), and it’s good for Retail buyers and beginners.
- Migori Gold Traders Union (MGTU)
A cooperative group of licensed gold traders operating in the Migori gold belt, these are backed by local authorities and verified by the Ministry of Mining, and they source gold directly from mines with purity guarantees. Gold Sellers in Kenya
- Precious Metals International (PMI) Kenya
This company focuses on high-volume international gold trading and secure escrow-based deals and B2B transactions, bulk gold supply, gold logistics, and insurance.
- Simba Gold Traders Ltd
It’s a reputable family-owned gold business based in Nairobi, operating for over a decade, offering Nuggets, gold bars, and smelted gold for both local and export buyers.
How to Verify a Gold Dealer in Kenya
- Check for registration with the Ministry of Mining & Petroleum
- Request a copy of their Gold Dealer License
- Verify export permits and assay certificates
- Use licensed assay labs such as Nairobi Gold Refinery
- Insist on invoices, receipts, and proper documentation
Gold Prices in Kenya Today (Live Updates)
Stay updated with the latest market prices for different purities:
Here is an estimated table of current gold prices in Kenya for 24K, 22K, and 18K gold, ranging from 1 gram to 1 kilogram, converted to USD. These are approximate values based on the international gold price as of 2025, with local market conditions and premiums considered. Gold Sellers in Kenya
Gold Prices in Kenya (USD) – 2025
| Weight | 24K Gold (USD) | 22K Gold (USD) | 18K Gold (USD)
|
| 1 gram | $77.20 | $70.80 | $58.00 |
| 5 grams | $386.00 | $354.00 | $290.00 |
| 10 grams | $772.00 | $708.00 | $580.00 |
| 20 grams | $1,544.00 | $1,416.00 | $1,160.00 |
| 50 grams | $3,860.00 | $3,540.00 | $2,900.00 |
| 100 grams | $7,720.00 | $7,080.00 | $5,800.00 |
| 250 grams | $19,300.00 | $17,700.00 | $14,500.00 |
| 500 grams | $38,600.00 | $35,400.00 | $29,000.00 |
| 1 kg | $77,200.00 | $70,800.00 | $58,000.00 |
Notes:
- Prices are rounded and include approximate local market premiums.
- 24K = 99.9% pure, 22K = 91.7% pure, 18K = 75% pure.
- The USD/KES exchange rate used: 1 USD 135 KES.
- Local market factors such as demand, taxes, and dealer margins may affect actual purchase prices. Gold Sellers in Kenya
How to Buy Gold from Sellers in Kenya – Step-by-Step
1: Verify the Dealer
Always confirm with the Ministry of Mining registration and request for business license and previous transaction history.
2: Know What You Want to Buy
- Gold Bars (ideal for investment)
- Gold Nuggets (raw gold requires testing)
- Gold Jewelry (for retail or resale)
3: Ask for Assay or Test Results
Always demand a purity certificate or test on-site before purchase.
4: Secure Payment and Documentation
Use traceable payment methods (bank, escrow) and get a sales receipt, certificate of origin, and customs documentation if you’re exporting
Why Buy Gold in Kenya?
- Strategic location: Nairobi serves as East Africa’s gold trading hub.
- Local supply: Artisanal miners in Migori, Kakamega, and Turkana provide raw gold.
- Competitive pricing compared to Dubai or South Africa.
- Growing investor interest in physical gold amid inflation.
Top 5 Places to Buy Gold in Nairobi (2025)
- Nairobi Bullion Exchange (NBX)
Location: Westlands, Nairobi, and it’s one of the few regulated gold trading platforms in Kenya, offering certified gold bars, coins, and investment-grade bullion. The exchange provides real-time gold prices and professional consultation for bulk buyers and first-time investors.
Why Choose NBX:
- Transparent pricing
- Secure transactions
- Licensed by Kenyan authorities
- Kenya Gold Refinery
It’s located in the Industrial Area, Nairobi
What to Expect:
Kenya Gold Refinery deals in both raw gold and refined bars. It is ideal for high-net-worth individuals or business entities looking to buy gold directly from a refining source. Gold Sellers in Kenya
Why Choose Them:
- They offer 24K and 22K bars
- In-house assaying and hallmarking
- Ideal for bulk purchases and exports
- Jewellery Centre Kenya
It’s located in Sarit Centre, Westlands, and they’re a reputable jewelry retailer offering gold chains, rings, and investment gold in various purities (18K–24K). Trusted by locals and tourists for their selection and customer service.
Why Choose Them:
- Wide range of jewelry and small gold bars
- Guaranteed purity certification
- Ideal for gifts or small investments
- Gold Buyers Africa – Nairobi Branch
It has Online & by appointment (Nairobi CBD & Westlands) It is a regional powerhouse in gold trading. Gold Buyers Africa connects vetted gold sellers with local and international buyers. Perfect for serious investors and resellers. Gold Sellers in Kenya
Why Choose Them:
- Verified gold suppliers
- Export-ready gold bars
- Secure escrow and documentation
- Website: www.goldbuyersafrica.com
- Nairobi Gold Market (Kamukunji Area)
It is located in Kamukunji Market, Nairobi. it is popular for affordable 22K and 24K gold jewelry. this market serves hundreds of buyers daily. Although mostly informal, many sellers are trusted artisans and traders with long-standing reputations.
Why Choose It:
- Competitive pricing
- Variety of jewelry designs
- Negotiable deals (but verify authenticity)
Tips When Buying Gold in Nairobi:
- Always verify purity (look for hallmark or assay certificate).
- Use a digital scale and get a second opinion when buying from informal markets.
- For large purchases, deal with licensed traders or registered companies.
- Check the current gold price in Kenya before any purchase (Live Rates).
Gold Export Services from Kenya
Many gold sellers offer export-ready packages, especially for international buyers. Required documents include: Gold Sellers in Kenya
- Gold export license (held by the seller)
- Certificate of origin
- Assay report
- Customs declaration (Kenya Revenue Authority – KRA)
Gold Buyers Africa provides full documentation and shipping for global clients.
Gold in Kenya is commonly sold in 24K, 22K, and 18K purities, and buyers should follow a secure process that includes assay verification, dealer licensing checks, and proper documentation.
Gold Purity Types in Kenya
| Karat | Purity (%) | Description | Common Uses |
| 24K | 99.9% | Purest form of gold, bright yellow and soft | Investment-grade bars, international export |
| 22K | 91.6% | Mixed with small amounts of alloy for durability | High-quality jewelry, coins |
| 18K | 75.0% | 25% alloy mix, more durable but less pure | Everyday jewelry, designer pieces |
- 24K gold is ideal for long-term investors and exporters due to its purity.
- 22K offers a balance of purity and strength suitable for fine jewelry.
- 18K is favored in the fashion industry for its durability and affordability. Gold Sellers in Kenya
Gold Buying Process in Kenya
- Identify a Verified Gold Dealer
Use licensed companies ( like Gold Buyers Africa, Kenya Bullion Exchange) and check for the Ministry of Mining registration
- Request Purity Verification (Assay Test)
Always confirm karat rating through an accredited assay lab or in-house testing, and ask for an assay certificate
- Negotiate the Price
Prices are usually quoted per gram or kilo in USD or KES, and confirm if the price includes VAT, premiums, or commission
- Inspect the Product
Make sure you weigh the gold in front of you and confirm packaging, serial numbers (for bars), and seals
- Complete Payment Securely
Always use traceable payment methods (bank transfer, escrow if large quantity) and avoid full cash deals without documentation
- Collect Documentation
Always get a purchase invoice and receipt, and if exporting, request KRA clearance and an export license
Documents Required When Buying Gold in Kenya
When purchasing gold in Kenya, whether for investment, jewelry, or export, you must present various documents to comply with regulatory and anti-money laundering requirements:
- Valid National Identification
Kenyan national ID card or passport (for non-residents) it’s being used to verify the buyer’s identity under AML regulations.
- Kenya Revenue Authority (KRA) PIN Certificate
Required for all taxable transactions to ensure proper reporting of VAT, excise duty, and withholding tax. Gold Sellers in Kenya
- Proof of Funds / Source of Wealth Documentation
Bank statements, salary slips, or audited financials (for high-value purchases), this helps dealers comply with the Proceeds of Crime and Anti-Money Laundering Act, 2012.
- Dealer’s Gold Dealer License
It is issued by the Ministry of Mining and Petroleum under the Mining Act, 2016, and buyers should ask to see the dealer’s original license to verify legitimacy.
- Assay Certificate
It is provided by an accredited assay laboratory (like Nairobi Gold Refinery) to confirm purity (karat) and weight of the gold.
- Purchase Invoice and Receipt
Must itemize weight, purity, price per gram, total price, and applicable taxes/premiums, and its good for record-keeping, warranties, and future resale or export.
- Export Permits (for Gold to Leave Kenya)
It is issued by the Ministry of Mining and Petroleum and cleared through the Kenya Revenue Authority (KRA) and it must be accompanied by export duty payment receipts and export declaration forms.
- Company Registration Documents (for Corporate Buyers)
Certificate of Incorporation and CR12 from the Registrar of Companies and board resolution authorizing the purchase, if applicable.
Laws and Regulations Governing Gold Purchases in Kenya
Kenya’s gold market is regulated to ensure transparency, protect buyers, and curb illegal trade. Key statutes and regulations include:
- Mining Act, 2016 (No. 12 of 2016)
All gold dealers must be licensed as “Authorized Dealers” under Part IV of the Act.
Assaying & Weighing:
Section 110 mandates that all gold be assayed at Government-approved laboratories before sale or export.
Record Keeping:
All dealers must maintain detailed purchase/sales registers for inspection by authorities. Gold Sellers in Kenya
- Proceeds of Crime and Anti-Money Laundering Act, 2012
Customer Due Diligence (CDD):
Gold dealers are “Reporting Institutions” required to carry out ID verification, KRA PIN checks, and source-of-funds documentation for transactions above KES 1 million ( USD 7,400).
Suspicious Transaction Reporting:
Dealers must report any unusual or suspicious activity to the Financial Reporting Centre (FRC).
- Taxation & Excise Laws
Value Added Tax (VAT):
Investment gold (defined under the VAT Act) is zero-rated, but premiums and manufacturing services may attract VAT at 16%.
Excise Duty:
As per the Excise Duty Act, precious metals above certain thresholds may incur excise duty. Check the latest Finance Act for current rates.
Withholding Tax:
Cross-border gold trades may attract withholding tax under the Income Tax Act.
- Export/Import Regulations
Export Permits:
Under the Mining Act and KRA Customs & Excise regulations, all gold exports require a valid export permit, a certificate of origin, and proof of duty payment.
Import Controls:
Imported gold must be declared to KRA and assayed within 14 days of entry into Kenya.
- Consumer Protection
Weights and Measures Act:
Always ensure all scales used in gold trading are verified and stamped by the Kenya Bureau of Standards (KEBS). Gold Sellers in Kenya
Fair Trading Regulations:
Misrepresentation of purity or weight is a criminal offence under Kenyan consumer protection laws.
Note
[1] Proceeds of Crime and Anti-Money Laundering Act, 2012; Financial Reporting Centre Guidance Notes.
[2] Value Added Tax Act, Chapter 476; Kenya Revenue Authority.
Conclusion
Buying gold in Kenya is easy if you work with trusted sellers, verify purity, and follow legal procedures. Whether you’re buying small quantities or bulk gold bars for export, use this guide to make smart, secure decisions.
Need help finding a reliable gold seller in Kenya?
Visit www.goldbuyersafrica.com, your trusted source for live gold prices, verified sellers, and export assistance.