Gold Price in Kenya Today

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. Investment-grade gold bars and qualifying coins are exempt from Kenya's 16% VAT, while gold jewellery is not, and all commercial gold dealers must hold a trading licence from the Ministry of Mining and Blue Economy under the Mining Act, 2016.

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.

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.

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. Imports separately carry a 3.5% import declaration fee and a 2% railway development levy on top of applicable customs duty, which ranges 0-100% (averaging around 25%) under the EAC Common External Tariff.