1 Gram Gold Price in Kenya Today | Live Rates & Best Deals

The price of 1 gram of gold in Kenya is closely tied to the international spot price of gold, which is quoted in U.S. dollars per troy ounce (31.1035 grams) and converted to Kenyan Shillings (KES) based on the prevailing exchange rate. As of June 15, 2025, the 1 gram gold price in Kenya for 24K gold (99.9% pure) ranges from KES 13,464.92 to KES 14,297.37, reflecting a weekly increase of approximately 3.71% (KES 511.44).

This price varies by purity, with 22K gold (91.7% pure) priced slightly lower at KES 12,335.42 to KES 13,072.84 per gram. These figures include local market premiums, which account for dealer margins, taxes, and transportation costs in Nairobi, Kenya’s economic hub. 1 gram of gold in Kenya

1 Gram Gold Price in Kenya

The following table summarizes the 1 gram gold price in Kenya for common purities as of June 15, 2025:

Gold Purity Price per Gram (KES) Price per Gram (USD) Notes
24K (99.9%) 14,297.37 110.00 Purest form, ideal for investment.
22K (91.7%) 13,072.84 100.56 Common for jewelry, durable.
18K (75%) 10,695.96 82.28 Popular for fashion jewelry.
14K (58.5%) 7,877.97 60.60 Common in America, less in Kenya.

Exchange rate: 1 USD = 129.76 KES (April 2025). Prices may vary slightly by dealer and region.

Gold prices in Kenya are updated frequently, often every few minutes, to reflect real-time changes in the global spot market. The spot price of gold reached a record high of $3,339 per ounce on April 16, 2025, driven by fears of tariffs and potential trade wars, making gold a safe-haven asset. In Kenya, the price per gram is influenced by the USD/KES exchange rate, local demand, and mining output, particularly from western regions like Kakamega and Migori.

Recent Trends in Kenya’s Gold Market

Gold prices in Kenya have seen significant growth in 2025, with a 3.71% weekly increase in June, reflecting a broader upward trend. Over the past year, the 24K gold price per gram peaked at KES 11,463.37 on April 22, 2025, and hit a low of KES 8,284.37 on September 9, 2024, a 38% range. This volatility underscores gold’s role as a hedge against economic instability, with prices rising during global uncertainties like trade tensions and geopolitical conflicts. 1 gram of gold in Kenya

The following table highlights gold price trends in Kenya over the past year (KES per gram, 24K):

Date Price (KES) Change
September 9, 2024 8,284.37 Lowest in 12 months
April 22, 2025 11,463.37 Highest in 12 months
June 14, 2025 14,297.37 +3.71% weekly

Kenya’s gold market is growing rapidly due to increased artisanal mining and government efforts to formalize the sector. The country’s gold production, particularly in western regions, contributes to competitive pricing, making Kenya an attractive destination for investors. Social media posts on platforms like X highlight local sentiment, with one user noting gold’s value at KES 10,000 per gram in 2024, reflecting public awareness of its wealth-preserving potential. 1 gram of gold in Kenya

Factors Influencing the 1 Gram Gold Price in Kenya

Several factors drive the 1 gram gold price in Kenya, making it essential for investors to understand market dynamics:

Global Market Trends: The international spot price, driven by demand from countries like China and India, significantly impacts Kenya’s gold prices. Geopolitical tensions, such as U.S.-China trade disputes, have pushed gold to record highs in 2025. 1 gram of gold in Kenya

Currency Fluctuations: The Kenyan Shilling’s value against the U.S. dollar affects local gold prices. A weaker KES increases the cost of gold in Kenya, as seen with the exchange rate of 1 USD = 129.76 KES in April 2025.

Local Supply and Demand: Kenya’s growing mining sector, particularly in artisanal operations, boosts local supply, keeping prices competitive. Demand for gold jewelry and investment bars in Nairobi drives market activity.

Dealer Premiums and Taxes: In Nairobi, prices may be slightly higher due to transportation costs, dealer margins, and VAT. Certified dealers like Buy Gold Bars Kenya Limited ensure transparent pricing.

Purity and Form: 24K gold commands the highest price due to its 99.9% purity, ideal for investment bars and coins. 22K and 18K gold, used in jewelry, are priced lower due to alloy content. 1 gram of gold in Kenya

Why Invest in Gold in Kenya?

Gold is a proven safe-haven asset, preserving wealth during economic downturns, inflation, and currency devaluation. In Kenya, the following advantages make gold investment particularly appealing:

Competitive Pricing: Kenya’s gold prices are lower than in many global markets due to local production and competitive dealer rates. A 1 gram 24K gold bar at KES 14,297.37 is a cost-effective entry point for investors.

Growing Market: Kenya’s gold sector is expanding, with increased mining and government support for formalization, ensuring a steady supply and stable pricing. 1 gram of gold in Kenya

Cultural Significance: Gold jewelry is a staple in Kenyan ceremonies, offering both investment and cultural value. 22K and 18K gold are popular for their durability and affordability.

Accessibility: Nairobi’s established gold market, with trusted dealers in Westlands, CBD, and Kilimani, provides secure purchasing options.

Sustainability: Buying from licensed dealers like Buy Gold Bars Kenya Limited supports ethical mining practices and local communities, aligning with global sustainability trends.

How to Buy Gold Safely with Buy Gold Bars Kenya Limited

Investing in gold requires due diligence to ensure authenticity and value. Buy Gold Bars Kenya Limited adheres to best practices for safe and profitable purchases:

Choose Certified Dealers: We are registered with the Ministry of Mining and comply with Kenya’s Mining and Precious Metals regulations, providing assay-certified 24K and 22K gold.

Verify Authenticity: Our gold bars and coins come with certificates of authenticity, hallmarking, and tamper-proof packaging, ensuring 99.9% purity for 24K gold. 1 gram of gold in Kenya

Transparent Pricing: We offer competitive prices aligned with the live spot market, with no hidden fees. Our 1 gram 24K gold price of KES 14,297.37 includes all premiums.

Secure Transactions: We accept bank transfers, M-Pesa, and escrow for large orders, ensuring traceable payments. We provide invoices and receipts for all purchases.

Storage Solutions: We offer secure storage in Nairobi vaults or safe delivery, protecting your investment. 1 gram of gold in Kenya

Why Choose Buy Gold Bars Kenya Limited?

Buy Gold Bars Kenya Limited stands out as Nairobi’s premier gold dealer, offering a seamless, secure, and rewarding investment experience. Here’s why clients trust us:

Competitive Pricing: Our prices, like KES 14,297.37 per gram for 24K gold, reflect live market rates, ensuring maximum value.

Wide Selection: From 1 gram to 1 kg gold bars and coins, we cater to investors of all levels, with 24K, 22K, and 18K options.

Certified Quality: Every purchase includes assay certification and hallmarking, guaranteeing purity and authenticity.

Trusted Reputation: Licensed by the Ministry of Mining, we have a decade-long track record of serving local and international clients.

Customer Support: Our Nairobi-based team offers in-person consultations, online support, and flexible payment options in USD or KES. 1 gram of gold in Kenya

 


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