Live Gold Price in Kenya Today | 24K, 22K & 18K Rates Per Gram

Explore the 1 gram gold price in Kenya, current market trends, and factors driving prices in Nairobi’s thriving gold market. Learn why investing with Buy Gold Bars Kenya Limited offers secure, certified gold at competitive rates

Gold has long symbolized wealth and stability, and in Kenya, it is becoming an increasingly attractive investment option amid global economic uncertainties. As of June 15, 2025, the price of 1 gram of gold in Kenya reflects international market trends, local currency fluctuations, and the country’s growing role in East Africa’s gold trade. With Kenya’s economy expanding and its gold market gaining momentum, investors are attracted to gold’s affordability and its potential as a safe-haven asset.

gold price in Kenya

Current 1 Gram Gold Price in Kenya

The price of 1 gram of gold in Kenya is tied to the international spot price of gold, quoted in U.S. dollars per troy ounce (31.1035 grams) and converted to Kenyan Shillings (KES) based on the exchange rate. As of June 15, 2025, the spot gold price is approximately $3,432.03 per ounce, with an exchange rate of 1 USD = 129.76 KES. This translates to a 1-gram gold price for 24K gold (99.9% pure) of approximately KES 14,297.37, including local premiums for dealer margins, taxes, and transportation costs in Nairobi. Prices vary by purity, with 22K gold (91.7% pure) at KES 13,072.84 and 18K gold (75% pure) at KES 10,695.96. gold price in Kenya

The following table summarizes the 1-gram gold price in Kenya by purity

Gold Purity Price per Gram (KES) Price per Gram (USD) Notes
24K (99.9%) 14,297.37 110.00 Investment-grade, highest purity.
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 Less common in Kenya.

Gold prices are updated frequently, often every few minutes, to reflect real-time changes in the global spot market. In Kenya, Nairobi’s gold market, centered in areas like Westlands and the CBD, is a hub for investors seeking physical gold bars, coins, and jewelry. Buy Gold Bars Kenya Limited ensures competitive pricing aligned with the London Bullion Market Association (LBMA) standards, making us a trusted choice for investors.

Recent Gold Price Trends in Kenya

Gold prices in Kenya have experienced significant growth in 2025, driven by global and local factors. The spot gold price per ounce rose from $2,639 at the start of 2025 to $3,432.03 by June, a 30% year-to-date increase. In KES, the 1 gram 24K gold price peaked at KES 14,297.37 on June 14, 2025, up 3.71% weekly (KES 511.44), reflecting global safe-haven demand amid trade tensions and geopolitical risks. Over the past year, prices ranged from a low of KES 8,284.37 on September 9, 2024, to a high of KES 11,463.37 on April 22, 2025, a 38% range. gold price in Kenya

The following table highlights 1 gram 24K gold price trends in Kenya (KES) over the past year:

Date Price per Gram (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

Social media sentiment on X reflects growing public interest, with users noting gold’s value at KES 10,000 per gram in 2024, highlighting its wealth-preserving potential. Forecasts suggest continued bullish momentum, with gold prices expected to reach $3,565-$4,085 per ounce by year-end, translating to KES 14,884.76-$17,042.76 per gram at current exchange rates.

Factors Influencing Gold Prices in Kenya

Several factors drive the 1 gram gold price in Kenya, shaping its appeal for investors:

Global Spot Price: The international gold market, influenced by demand from China, India, and central banks, sets the baseline price. In 2025, fears of U.S. tariffs and geopolitical tensions, such as Middle East conflicts, have driven prices to record highs.

KES/USD Exchange Rate: A weaker Kenyan Shilling increases local gold prices. The exchange rate of 1 USD = 129.76 KES in April 2025 has contributed to higher KES prices.

Local Supply and Demand: Kenya’s artisanal mining in regions like Kakamega and Migori boosts supply, keeping prices competitive. Demand for gold jewelry and investment bars in Nairobi drives market activity.

Dealer Premiums and Taxes: Nairobi dealers add premiums for transportation, refining, and VAT, typically 2-5% above the spot price. Buy Gold Bars Kenya Limited maintains transparent pricing to minimize costs.

Gold Purity and Form: 24K gold, ideal for investment, commands the highest price. 22K and 18K gold, used in jewelry, are more affordable but less pure, affecting pricing.

Why Invest in Gold in Kenya?

Gold is a proven hedge against inflation, currency devaluation, and economic uncertainty, making it an ideal investment in 2025. Kenya offers unique advantages for gold investors:

Affordability: At KES 14,297.37 per gram for 24K gold, Kenya’s prices are competitive compared to global markets, driven by local production.

Growing Market: Kenya’s gold sector is expanding, with government efforts to formalize artisanal mining ensuring a steady supply

Cultural Value: Gold jewelry is integral to Kenyan weddings and ceremonies, offering both investment and cultural significance.

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

Sustainability: Ethical sourcing from licensed dealers supports local communities and aligns with global sustainability trends.

How to Buy Gold Safely with Buy Gold Bars Kenya Limited

Investing in gold requires careful consideration to ensure authenticity and value. Buy Gold Bars Kenya Limited follows best practices:

Certified Dealers: We are licensed by the Ministry of Mining, offering assay-certified 24K and 22K gold compliant with LBMA standards.

Authenticity: Our gold bars and coins include certificates of authenticity, hallmarking, and tamper-proof packaging, ensuring 99.9% purity for 24K gold.

Transparent Pricing: Prices like KES 14,297.37 per gram for 24K gold reflect live market rates, with no hidden fees.

Secure Transactions: We accept bank transfers, M-Pesa, and escrow for large orders, providing traceable payments and receipts.

Storage and Delivery: We offer secure vault storage in Nairobi or safe delivery, protecting your investment.

gold price in Kenya

Why Choose Buy Gold Bars Kenya Limited?

Buy Gold Bars Kenya Limited is Nairobi’s premier gold dealer, offering:

Competitive Rates: Our prices, like KES 14,297.37 per gram for 24K gold, align with live market rates.

Diverse Products: From 1 gram to 1 kg gold bars and coins, we cater to all investors, with 24K, 22K, and 18K options.

Certified Quality: Every purchase includes assay certification, ensuring purity and authenticity

Trusted Reputation: With a decade of experience, we serve local and international clients with integrity

Expert Support: Our Nairobi team provides in-person consultations, online support, and flexible payment options in KES or USD.

Buy Gold Bars Kenya Limited is your trusted partner, offering certified 24K and 22K gold at transparent prices, backed by a decade of expertise. Our secure transactions, flexible payment options, and ethical sourcing ensure a seamless investment experience. From 1-gram coins to 1 kg bars, we cater to every investor, with safe storage and delivery in Nairobi. Don’t miss out today. Join the golden revolution with us and shine bright in Kenya’s thriving market.

 


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