Gold Market Report
Kenya Gold Market Report
Independently researched coverage of the Kenya gold market, last verified Sep 1, 2026. 24K gold is currently KES 18,089.97 per gram.
See the live gold price page for Kenya →Research coverage
4 of 4 research sections published for Kenya.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in KES.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | KES 18,089.97 | KES 562,660.91 | KES 210,997.84 | KES 18,089,968.23 |
| 22 karat (916.7) | KES 16,584.73 | KES 515,842.84 | KES 193,441.06 | KES 16,584,732.35 |
| 21 karat (875) | KES 15,830.31 | KES 492,377.53 | KES 184,641.57 | KES 15,830,305.24 |
| 18 karat (750) | KES 13,568.83 | KES 422,037.88 | KES 158,264.21 | KES 13,568,833.06 |
| 14 karat (583.3) | KES 10,552.93 | KES 328,232.93 | KES 123,087.35 | KES 10,552,933.76 |
| 10 karat (416.7) | KES 7,538.84 | KES 234,484.25 | KES 87,931.59 | KES 7,538,843.65 |
Trend
Last 3 months
Per gram · KES
- Change
- +6.35%
- Low
- KES 16,797.04
- High
- KES 19,489.80
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Kenya gold market
Kenya's gold market includes a formal investment channel through gold-backed exchange-traded funds listed on the Nairobi Securities Exchange (NSE), alongside its traditional jewellery trade centred on Nairobi's Biashara Street.
Read the full section on the live price page →Market notes
Kenya distinguishes between raw, unwrought gold -- generally VAT-exempt -- and processed gold, which can attract Kenya's standard 16% VAT depending on the transaction, on top of a broader import structure that includes a 3.5% import declaration fee and a 2% railway development levy.
Read the full section on the live price page →Buying gold in Kenya
The distinction between raw and processed gold matters in Kenya: a piece of finished jewellery is processed gold and likely VAT-liable, while unwrought gold (bars, unworked metal) is more likely to be VAT-exempt -- ask which category applies before comparing a Kenyan quote to KmalServico's live reference.
Read the full section on the live price page →Tax & duty notes
Raw, unwrought gold is generally VAT-exempt in Kenya, while processed gold (including finished jewellery) can attract the country's standard 16% VAT depending on the specific transaction.
Read the full section on the live price page →Sources
What the Kenya research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Kenya Revenue Authority — Customs and Border Control FAQs
Supports: Kenya's 16% standard VAT rate and general import-duty framework
Checked Sep 1, 2026
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Compare Kenya with other gold markets in the same part of the world.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.