Gold Market Report
Uganda Gold Market Report
Independently researched coverage of the Uganda gold market, last verified Sep 1, 2026. 24K gold is currently UGX 525,132.62 per gram.
See the live gold price page for Uganda →Research coverage
4 of 4 research sections published for Uganda.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in UGX.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | UGX 525,132.62 | UGX 16,333,450.42 | UGX 6,125,043.91 | UGX 525,132,624.99 |
| 22 karat (916.7) | UGX 481,437.22 | UGX 14,974,371.44 | UGX 5,615,389.29 | UGX 481,437,221.05 |
| 21 karat (875) | UGX 459,537.00 | UGX 14,293,198.44 | UGX 5,359,949.41 | UGX 459,537,000.57 |
| 18 karat (750) | UGX 393,888.86 | UGX 12,251,312.95 | UGX 4,594,242.35 | UGX 393,888,857.63 |
| 14 karat (583.3) | UGX 306,340.49 | UGX 9,528,254.45 | UGX 3,573,095.42 | UGX 306,340,494.21 |
| 10 karat (416.7) | UGX 218,844.65 | UGX 6,806,829.47 | UGX 2,552,561.05 | UGX 218,844,649.30 |
Trend
Last 3 months
Per gram · UGX
- Change
- +6.44%
- Low
- UGX 487,151.72
- High
- UGX 565,247.70
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Uganda gold market
Gold overtook Uganda's traditional exports to become the country's single largest foreign-exchange earner in 2025, generating over $5.8 billion and accounting for 76.6% of total export earnings.
Read the full section on the live price page →Market notes
Uganda zero-rates VAT on refined gold intended for export as of 2026, a deliberate policy to encourage legal exports and position the country as a regional gold trading hub, while separately introducing a new $200-per-kilogram export levy that applies to both local and foreign exporters.
Read the full section on the live price page →Buying gold in Uganda
Uganda's 2026 tax changes are focused on the export side of the gold trade rather than retail jewellery purchases -- for a jewellery transaction, ask the seller directly about applicable VAT and the general 6% withholding tax that applies to imports, since no jewellery-specific figure was confirmed in available…
Read the full section on the live price page →Tax & duty notes
Refined gold exported from Uganda is VAT zero-rated as of 2026, alongside a separate export duty of 3% on FOB value and a new flat $200-per-kilogram export levy introduced to formalise and regulate gold exports.
Read the full section on the live price page →Sources
What the Uganda research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Nile Precious Metals — Uganda Gold Export Regulations 2026: Complete Compliance Guide
Supports: VAT zero-rating on refined gold exports, 3% export duty on FOB value, and the new $200/kg export levy
Checked Sep 1, 2026
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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.