Current Gold Price in Kenya Today |Live 24K, 22K &18K Prices

Gold prices in Kenya remain closely tied to global market movements, inflation trends, and the strength of the Kenyan shilling (KES). As of 2026, gold remains one of the most trusted stores of value for investors, traders, and individuals seeking long-term financial security.

Whether you are buying gold for investment, resale, or export, understanding today’s gold price in Kenya is essential before making any purchase.

This gold price guide is designed for readers who want accurate, legal, and investment-focused information, including:

• First-time gold investors in Kenya tracking daily gold prices
• Diaspora buyers monitoring gold prices before purchasing from abroad
• Buyers seeking legal, scam-free gold transactions
• Investors planning resale or export who need market-aligned pricing

If you fall into any of these categories, tracking live gold prices is a crucial first step before making a purchase.

Current Gold Price in Kenya

The table below shows indicative gold prices in Kenya, based on international spot prices converted to Kenyan Shillings. Prices may vary slightly depending on the dealer, location, and transaction volume.

Last Updated: January 12, 2026 — 07:00 AM (EAT)

 24K Gold Prices in Kenya (KES & USD)

Weight	Price (USD)	Price (KES)
1 g	88	18,040
5 g	440	90,200
10 g	880	180,400
20 g	1,760	360,800
50 g	4,400	902,000
100 g	8,800	1,804,000
250 g	22,000	4,510,000
500 g	44,000	9,020,000
1 kg	88,000	18,040,000

22K Gold Prices in Kenya (91.6% Pure)

Weight	Price (USD)	Price (KES)
1 g	80.60	16,523
5 g	403	82,615
10 g	806	165,230
20 g	1,612	330,460
50 g	4,030	826,150
100 g	8,060	1,652,300
250 g	20,150	4,130,750
500 g	40,300	8,261,500
1 kg	80,600	16,523,000

18K Gold Prices in Kenya (75% Pure)

Weight	Price (USD)	Price (KES)
1 g	66	13,530
5 g	330	67,650
10 g	660	135,300
20 g	1,320	270,600
50 g	3,300	676,500
100 g	6,600	1,353,000
250 g	16,500	3,382,500
500 g	33,000	6,765,000
1 kg	66,000	13,530,000

 

Note. Gold prices are indicative and based on international spot prices. Local dealer premiums, taxes, and exchange rate fluctuations may apply.

Gold Price Analysis: What Is Driving Gold Prices in Kenya

Several key factors influence gold prices in the Kenyan market:

1. Global Gold Spot Price

Kenya’s gold prices follow international benchmarks set in USD. When global gold prices rise, local prices in KES increase accordingly.

2. Exchange Rate (USD to KES)

A weakening Kenyan shilling makes gold more expensive locally, even if global prices remain stable.

3. Inflation and Economic Uncertainty

During periods of inflation, many investors shift their money into gold, increasing demand and pushing prices higher.

4. Local Supply and Demand

Gold availability from licensed miners, refineries, and exporters can slightly affect dealer premiums, especially for 24K gold bars.

5. Government Regulations and Compliance Costs

Licensing, purity testing, and tax compliance under the Mining Act 2016 add costs that are reflected in retail pricing.

Which Gold Purity Is Best to Buy?

• 18K gold is best for jewelry, not investment
• 22K gold offers high purity but is still mainly jewelry-focused
• 24K gold is the best option for investment, resale, and export

For serious investors, 24K gold bars (1g–1kg) provide maximum value and global liquidity.

Where to Buy Gold at the Correct Market Price in Kenya

To avoid overpricing and scams, always buy from licensed and verifiable gold dealers.

Before purchasing:

• Confirm the dealer is licensed by the Ministry of Mining
• Request a gold assay certificate
• Verify weight and purity
• Compare prices with the current gold price in Kenya

Trusted platforms such as www.buygoldbarskenya.com provide certified 24K gold bars, transparent pricing, and full documentation aligned with Kenyan regulations.

Investor Note: For serious investors, 24K gold bars offer the highest resale value and global liquidity.

How to Spot Fake Gold in Nairobi

1. Check the Hallmark and Karat Stamp

Genuine gold is usually stamped with markings such as 24K, 22K, 18K, 999, or 916.
In Nairobi, fake gold often has unclear, altered, or missing stamps.

Tip: A stamp alone is not proof; always combine this check with other tests.

2. Use a Magnet Test

Real gold is not magnetic.
If the gold is strongly attracted to a magnet, it is likely fake or mixed with other metals.

Tip: Weak reaction may still indicate gold-plated metal continue testing.

3. Check Weight and Density

Gold is very dense and heavy for its size.
Fake gold items often feel lighter than genuine gold of the same size.

Tip: Compare the item with a verified gold piece or use a digital scale.

4. Test with a Licensed Gold Dealer or Assay Office

The safest way to handle gold in Nairobi is to have it tested by a licensed dealer or refinery using professional equipment, such as XRF analyzers.

Tip: Always insist on a purity test and written confirmation before large purchases.

Important Buyer Advice in Nairobi

• Avoid rushed deals and street transactions
• Do not rely on verbal guarantees
• Always verify seller licensing
• Request documentation and receipts

Why Is the Gold Price High in Kenya Right Now? (2026 Market Analysis)

Several interconnected factors are driving gold prices higher in Kenya in 2026:

Global Gold Market Strength

International gold prices remain strong due to geopolitical risks, high global debt levels, and sustained demand from central banks worldwide.

Exchange Rate Pressure (USD to KES)

Because gold is priced in US dollars, any weakening of the Kenyan shilling directly increases the local gold price in KES.

Inflation and Cost of Living

As inflation affects food, fuel, and housing costs, many investors turn to gold to preserve purchasing power, increasing local demand.

Regulatory and Compliance Costs

Kenya’s gold market operates under the Mining Act 2016, which requires licensing, assay testing, and tax compliance. These legal requirements add costs that are reflected in final retail prices.

 Kenya Gold Price Trends

24K Gold Price in Kenya – KES per Gram

The chart above shows how gold prices in Kenya have steadily increased over the last 12 months, moving from around KES 13,200 per gram (early 2025) to KES 18,000+ per gram in January 2026.

What This Chart Helps Users Understand

• Overall upward trend in gold prices
•  Why gold is viewed as a strong store of value in Kenya
•  When price momentum accelerated (mid–late 2025)

 Last Updated

January 12, 2026 — 07:00 AM (EAT)

This chart shows the 24K gold price per gram in Kenya based on international spot prices and USD/KES exchange rates.

Where to Buy Gold in Kenya

1. Licensed Gold Dealers in Nairobi

Nairobi is the main gold trading hub in Kenya. Licensed dealers sell 24K gold bars, coins, and bullion at market-linked prices.
Tip: Always confirm the dealer is registered with the relevant authorities and request purity certificates.

2. Local Gold Mining Areas (Through Licensed Agents)

Gold-producing regions such as Migori, Kakamega, and Narok offer access to locally mined gold. Buying through licensed agents can sometimes be cheaper than retail markets.
Tip: Avoid informal middlemen and insist on proper documentation.

3. Reputable Jewelry Shops

Established jewelry shops in Nairobi and Mombasa sell 22K and 18K gold, mainly for jewelry purposes. Prices include workmanship costs.
Tip: Best for jewelry buyers, not ideal for investment-grade bullion.

4. Online & International Gold Dealers Serving Kenya

Some trusted online dealers and international suppliers sell gold to Kenyan buyers and quote prices in USD or KES.
Tip: Verify company credentials, reviews, and export/import compliance before paying.

How the Central Bank of Kenya (CBK) Influences Local Gold Value

While the Central Bank of Kenya does not set gold prices directly, it plays an important indirect role.

• CBK policies influence interest rates and inflation
• Monetary tightening or easing affects the KES exchange rate
• Currency movements impact the local gold price

When the shilling weakens or inflation expectations rise, gold prices in Kenya tend to increase as investors seek stability.

If you are tracking the current gold price in Kenya today, always pair price checks with:

• Dealer verification
• Proper documentation
• Market comparison

This ensures you buy gold legally, safely, and at fair market value in 2026.

Where to Buy Gold Near Me

1. Licensed Gold Dealers (Nearest City or Town)

The safest option is buying from licensed gold dealers operating in major towns.

• Common in Nairobi, Mombasa, Kisumu, and Eldoret
• Sell 24K gold bars, coins, and bullion
• Prices follow daily market rates

Tip: Ask for a license, receipt, and purity certificate.

2. Established Jewelry Shops Nearby

Reputable jewelry stores sell 22K and 18K gold, mainly for jewelry.

• Found in shopping malls and CBD areas
• Prices include workmanship charges

Best for: Jewelry buyers, not bulk investment.

3. Authorized Gold Buying Centers & Agents

Some areas have authorized buying centers linked to mining regions.

• Useful if you are close to gold-producing zones
• Must deal only with registered agents

Warning: Avoid roadside or informal sellers.

4. Online Gold Dealers That Deliver to Your Location

Trusted online dealers can sell gold and arrange delivery or pickup.

• Prices quoted in KES or USD
• Suitable for investors who want convenience

Tip: Verify reviews, company registration, and contact details.

How to Find a Trusted Gold Seller Near You

• Search: “licensed gold dealer near me.”
• Check Google Maps reviews
• Compare prices with daily gold rates
• Never rush payments
• Test gold before buying

Where to Find the Best Gold Exchange Rates in Nairobi Today

Finding the best gold exchange rate in Nairobi depends on where you buy, gold purity, and how closely prices track the international market. Below are the most reliable options.

1. Licensed Gold Dealers in Nairobi CBD

Licensed bullion dealers usually offer prices closest to the international gold spot price.

• Best for 24K gold bars and coins
• Prices quoted in KES or USD
• Lower spreads for larger quantities

Why they’re good:
They update rates daily based on global markets and USD/KES movements.

2. Direct Buyers Linked to Mining Areas

Some Nairobi-based companies source gold directly from Migori, Kakamega, and Narok.

• Often offer better exchange rates due to fewer middlemen
• Suitable for bulk buyers and exporters

Tip: Always confirm licensing and documentation before payment.

3. Established Jewelry Shops (For 22K & 18K)

Reputable jewelry shops in areas like Westland’s and the CBD sell gold jewelry at transparent rates.

• Prices include making charges
• Not ideal for investment gold

Best for: Personal use, not resale or export.

4. Online Gold Dealers Serving Nairobi

Some verified dealers publish daily gold prices online and allow:

• Price comparison before visiting
• Locking in rates for the day

Tip: Avoid dealers who do not display live or regularly updated prices.

How to Compare Gold Exchange Rates Correctly

Before buying, always:

• Compare prices with today’s international gold spot price
• Check the USD to KES exchange rate
• Confirm purity (24K, 22K, 18K)
• Ask if the price includes fees or dealer margins

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Meta Description: Check the current gold price in Kenya today. View live 18K, 22K, and 24K gold prices in KES, market analysis, and trusted buying tips for 2026.

Frequently Asked Questions (FAQs) About Gold Prices in Kenya

1. What is the gold price in Kenya today?

Gold prices in Kenya change daily based on the international gold market, the USD exchange rate, and local demand. Prices are usually quoted per gram for 24K, 22K, and 18K gold and are updated during global trading hours.

2. Why do gold prices in Kenya change every day?

Gold prices fluctuate due to:

• Changes in the global gold spot price
• Movements in the USD to KES exchange rate
• International inflation and interest rates
• Demand from investors, jewelers, and exporters

3. How much is 24K gold per gram in Kenya?

24K gold is the purest form of gold (99.9%) and has the highest price. The exact price per gram depends on the current global market rate and the Kenyan shilling exchange rate.

4. What is the difference between 24K, 22K, and 18K gold prices?

• 24K gold: 99.9% pure, highest price, used for bars and coins
• 22K gold: 91.6% pure, slightly cheaper, common in jewelry
• 18K gold: 75% pure, more affordable, durable for jewelry

Lower purity means a lower price per gram.

5. Is gold cheaper in Kenya compared to other countries?

Gold prices in Kenya are closely aligned with international prices. However, locally sourced gold may sometimes be cheaper due to reduced import costs, especially when buying directly from licensed dealers.

6. What is the best time to buy gold in Kenya?

The best time to buy gold is when:

• The USD weakens against the KES
• Global gold prices temporarily dip
• Long-term investment opportunities arise during market uncertainty

Gold is commonly bought as a long-term investment, not for short-term trading.

7. Where can I check live gold prices in Kenya?

You can check:

• International gold price platforms
• Licensed gold dealers’ websites
• Local bullion traders
• Gold price tracking websites that display KES and USD rates

8. Are gold prices the same across all cities in Kenya?

Yes, gold prices are generally similar across cities such as Nairobi, Mombasa, Kisumu, and Eldoret, but small differences may occur due to dealer margins, transport costs, and demand.

9. Does the gold price in Kenya include taxes?

Gold prices are usually quoted before dealer margins and processing fees. Taxes may apply depending on the transaction type, volume, and whether the gold is for local use or export.

10. Is buying gold in Kenya a good investment?

Yes. Gold is considered a safe-haven asset in Kenya, especially during inflation, currency fluctuations, and economic uncertainty. Many investors buy gold bars or coins to preserve wealth.

11. Can foreigners buy gold in Kenya?

Yes, foreigners can buy gold in Kenya, but they must comply with Kenyan mining, trading, and export regulations, including proper documentation and licensing.

12. How is gold priced in Kenya per gram or per kilogram?

Gold in Kenya is commonly priced:

• Per gram for retail buyers and jewelry
• Per kilogram (kg) for bulk buyers, exporters, and investors

13. What affects gold prices in Kenya the most?

The key factors are:

• International gold market trends
• USD/KES exchange rate
• Global economic uncertainty
• Local supply from mining regions

14. Is locally mined gold cheaper than imported gold?

In many cases, yes. Locally mined gold can be cheaper due to lower transportation and import costs, provided it is sourced from licensed and compliant suppliers.

15. How do I avoid overpaying for gold in Kenya?

To avoid overpaying:

• Check daily gold prices
• Compare multiple licensed dealers
• Verify purity and weight
• Request proper documentation