Verified live · Gold · gold-api.com
Gold Price in South Africa Today
Live 24K gold rate in ZAR, per gram. Every purity, every weight.
↻ Refreshes automatically every 5 minutes
At a glance
South Africa market summary
- Region
- Africa
- ISO code
- ZA · ZAF
- Currency
- ZAR — South African Rand
- Preferred weight
- Gram (g)
Today's Gold Market Summary in South Africa
Gold prices in South Africa are calculated from the international XAU/USD spot price and the latest ZAR exchange rate. The displayed spot-derived value does not include local dealer premiums, taxes or jewellery making charges.
Recently, South Africa's average gold price has been ZAR 2,325.09 per gram.
What moves this price day to day, and how purity and weight change what you actually get →
Quick Facts
Country
South Africa
Currency
ZAR
Default Unit
Gram
Data Source
gold-api.com
About gold in South Africa
KmalServico presents South African gold prices in rand (ZAR) with gram as the configured primary weight. This gives the page a straightforward metric reference for comparing the gold component across purities and with international prices.
Market notes for South Africa
South Africa's Krugerrand, first minted in 1967 by the South African Mint via Rand Refinery, was the world's first modern gold bullion coin designed for everyday private investors rather than collectors. Unlike most global bullion, it is minted in 22-karat gold — a durable gold-copper alloy — rather than 24-karat, a legacy of an era when South Africa produced roughly 70% of the world's mined gold.
Buying gold in South Africa
South Africa has a long association with gold production, but this page does not infer a current jewellery-demand season from that history. Instead, it focuses on verifiable live-price mechanics and on giving users a consistent gram-based reference for comparing ZAR quotations.
Tax and duty notes for South Africa
Intact gold Krugerrand coins bought "as such" are zero-rated for VAT under section 11(1)(k) of South Africa's VAT Act, and investment-grade gold at 99.5%+ purity from a licensed dealer is generally VAT-exempt too -- jewellery, by contrast, carries the standard VAT rate. A separate provision, section 11(1)(f), zero-rates gold supplied in bar, ingot or blank-coin form to the South African Reserve Bank, the South African Mint and registered banks; National Treasury's 2026 Budget Review proposed repealing that specific provision, with SARS due to hold stakeholder consultations on the change, so it remains a live policy question rather than a settled rule. The annual capital gains tax exclusion rose to R50,000 from 1 March 2026.
Sources
What the South Africa research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- ENSafrica — 2026 Budget on the horizon: VAT certainty for the gold market
Supports: Section 11(1)(f) VAT Act repeal proposal in the 2026 Budget Review and SARS stakeholder engagement plans
Checked Aug 31, 2026
- Mondaq — VAT On Bullion Gold: Zero-rating To Be Repealed
Supports: Section 11(1)(f) zero-rating scope for gold bars/ingots/blank coins to SARB, SA Mint and registered banks, and its proposed repeal
Checked Aug 31, 2026
- SA Gold Markets — Your Guide to Tax on Gold and Silver Krugerrands in South Africa
Supports: Section 11(1)(k) zero-rating for intact Krugerrand coins and the R50,000 CGT annual exclusion from March 2026
Checked Aug 31, 2026
Live prices
By purity · per g
- 24 karat24 Karat (999.9)ZAR 2,239.41per g
- 22 karat22 Karat (916.7)ZAR 2,053.08per g
- 21 karat21 Karat (875)ZAR 1,959.68per g
- 18 karat18 Karat (750)ZAR 1,679.73per g
- 14 karat14 Karat (583.3)ZAR 1,306.38per g
- 10 karat10 Karat (416.7)ZAR 933.26per g
Gold Price by Purity
Live prices in ZAR.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | ZAR 2,239.41 | ZAR 69,653.53 | ZAR 26,120.07 | ZAR 2,239,413.01 |
| 22 karat (916.7) | ZAR 2,053.08 | ZAR 63,857.78 | ZAR 23,946.67 | ZAR 2,053,075.22 |
| 21 karat (875) | ZAR 1,959.68 | ZAR 60,952.93 | ZAR 22,857.35 | ZAR 1,959,682.35 |
| 18 karat (750) | ZAR 1,679.73 | ZAR 52,245.37 | ZAR 19,592.01 | ZAR 1,679,727.73 |
| 14 karat (583.3) | ZAR 1,306.38 | ZAR 40,632.97 | ZAR 15,237.36 | ZAR 1,306,380.25 |
| 10 karat (416.7) | ZAR 933.26 | ZAR 29,027.53 | ZAR 10,885.32 | ZAR 933,256.73 |
Gold Calculator
Calculate the value of any amount of gold in any purity and currency.
Estimated value
ZAR 2,239.41
ZAR 2,239.41 per gram at selected purity
Trend
Last 30 days
Per gram · ZAR
- Change
- -1.97%
- Low
- ZAR 2,239.64
- High
- ZAR 2,445.06
Historical data is presented from the site's retained market samples and daily rollups.
View full history →Currency
About the South African Rand (ZAR)
Gold in South Africa is quoted in South African Rand (ZAR, R). Our engine converts the international spot price using the live USD/ZAR exchange rate.
- 1 USD in ZAR
- 16.25
- 1 ZAR in USD
- 0.061538
- Decimals
- 2
Gold Price in South Africa — FAQs
Why does the South Africa page use grams?
Gram is the configured primary weight for South Africa, giving users a straightforward metric basis for comparing purities and ZAR prices.
Does South Africa’s gold history determine a current buying season?
Not necessarily. KmalServico does not infer a current jewellery-demand season from historical gold production alone; it keeps the editorial page focused on verifiable live-price and comparison information.
Related markets
More gold markets in Africa
South Africa's immediate sub-region doesn't list enough markets on its own, so this also includes other Africa countries.
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.
Gold weight units
Gold terminology for this page
Explore KmalServico
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.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.