Current 1 Gram Gold Price in Uganda Today: 24k, 22k, & 18k Gold price
1 Gram Gold Price in Uganda: Today, the current gold price per gram in Uganda stands at approximately 390,894 UGX for 24K gold, which is equivalent to about $109 USD, based on the prevailing exchange rate of 3,579 UGX/USD.
This reflects a +1.3% daily increase from the previous day’s price of 385,915 UGX. For 22K gold, the current rate is around 358,320 UGX, or about $100 USD, while 21K gold is hovering near 342,000 UGX (~$95 USD) .
For those seeking more affordable options, the 18K gold price in Uganda today is estimated at 292,000 UGX per gram, or roughly $82 USD.
Below is a table showing the Gold Price per Gram in Uganda:
| Purity / Karat | Price per Gram (UGX) | Equivalent (USD) |
|---|---|---|
| 24K (pure gold) | 390,894 UGX | ~$109 |
| 22K | 358,320 UGX | ~$100 |
| 21K | 342,000 UGX (approx.) | ~$95 |
| 18K | 292,000 UGX (approx.) | ~$82 |
Factors Influencing the 1 Gram Gold Price in Uganda Today
International Gold Market Trends
Global spot gold prices drive the baseline value in Uganda—when investors turn to gold during economic uncertainty, global demand pushes prices up. Uganda imports much of its gold pricing from LBMA London benchmark markets.
UGX to USD Exchange Rate
Since global gold trades in USD, a weaker Ugandan Shilling (UGX/USD) directly inflates the UGX gold price per gram. For example, around mid‑July 2025, the rate hovered near 3,580 UGX/USD, contributing to rising UGX‑nominal gold prices even if USD‑spot remains steady .
Uganda’s domestic gold output—via artisanal and small‑scale mining hubs—along with local demand from jewelers and investors, affects premiums.
Seasonal demand or export bans/tariffs may also shift local supply dynamics and influence price per gram in the Ugandan market .
Local Supply & Demand Dynamics
Uganda’s gold supply comes largely from artisanal and small-scale mining regions such as Mubende and Karamoja.
Local demand from jewelry makers and investors, seasonal buying spikes, and export restrictions or licensing costs can influence the gold rate per gram Uganda by introducing premiums or discounts. Buy Gold Bars in Uganda
Government Policies, Taxes & Regulations
Policies including export tariffs, licensing fees, and regulatory oversight by the Ministry of Energy & Mineral Development and Uganda Revenue Authority can impact pricing.
Recent suspension of export tariffs, for example, enabled a tenfold expansion in Uganda’s gold exports in 2023, which in turn affected domestic supply and price levels.
Speculation, Investor Sentiment & Interest Rates
Investor confidence shifts in response to inflation, real interest rates, or expected economic conditions. When interest rates are low or inflation fears rise, investors often turn to gold, increasing demand—and thus the price per gram in Uganda. Conversely, higher interest rates can depress gold demand by making cash instruments more appealing..
Industrial & Jewelry Demand
Gold used in industrial applications (electronics, manufacturing) and local jewelry demand contribute to significant consumption. Strong demand from these sectors, especially during festival or wedding seasons, can lift premiums on local gold.
24K vs 22K Gold: What’s the Price Difference per Gram?
24K vs 22K gold mainly differs in purity and purpose. 24K gold, also known as pure gold, contains 99.9% gold and is highly valuable but soft, making it ideal for investment and not daily-wear jewelry.
In contrast, 22K gold contains 91.7% gold mixed with alloys like copper or silver, giving it strength and durability, making it perfect for crafting jewelry.
The 24K gold price per gram in Uganda is higher than that of 22K gold, due to its superior purity. Buyers should choose 24K gold for saving and 22K gold for ornamental use depending on their needs.
At current rates, 24K gold costs around 390,894 UGX (~$109) per gram, while 22K gold is priced at approximately 358,320 UGX (~$100) per gram.
This creates a price difference of about 32,500 UGX, or roughly $9, making 24K gold more expensive than 22K gold due to its higher purity.
This premium reflects the greater value of pure gold in the market and is an important consideration for anyone comparing the 24K vs 22K gold price per gram in Uganda.
Why 24K is More Valuable
The higher purity and international spot‑market linkage grant 24K gold the highest valuation. It is favored by investors seeking pure gold price in Uganda, even though premium and resale flexibility may vary compared to 22K jewelry pieces.
Is Gold Cheaper in Uganda?
Gold in Uganda is competitively priced but not necessarily cheaper than in other major gold-producing African countries like Ghana or South Africa. Prices reflect global gold spot rates, local currency exchange fluctuations, refining costs, and government taxes. While Uganda benefits from relatively low operational costs in artisanal and small-scale mining, premiums and fees can add to the final price.
For investors, the key to getting the best price in Uganda is buying from licensed gold dealers offering certified 24K gold with transparent pricing and full documentation. This ensures quality and legal compliance, which ultimately saves money and risk in the long run.
Gold prices in Uganda vs Kenya
Today, gold prices in Uganda and Kenya are as follows:
Uganda: Approximately 391,496 UGX per gram for 24K gold .
Kenya: Approximately 14,249 KES per gram for 24K gold .
Exchange Rate Consideration: At an exchange rate of 1 USD ≈ 3,582 UGX and 1 USD ≈ 128.98 KES, the prices in USD are:
Uganda: Approximately $109.00 USD per gram.
Kenya: Approximately $110.50 USD per gram.
Analysis: While the nominal price per gram is slightly higher in Kenya, the difference is minimal when converted to USD. Factors such as local taxes, refining costs, and dealer premiums can influence the final price in both countries.
Conclusion: Gold prices in Uganda and Kenya are comparable, with slight variations influenced by local economic factors.
Where to Buy 1 Gram Gold in Uganda
If you’re searching for the price of 1 g gold in Uganda and where to acquire it locally, here are trusted purchasing options:
Kampala Gold Dealers: The Speke Road area hosts licensed dealers—only buy from vendors registered with the Ministry of Energy & Mineral Development and Uganda Revenue Authority (URA).
Jewelry Shops: Many Kampala jewelers offer 24K and 22K bars or coins; quality and labor charges vary.
Online Gold Suppliers: Platforms such as Trade Panel International Limited operate in Kampala with verified credentials, offering secure transactions, live pricing updates, and certified 24K and 22K gold bars. As a trusted African gold dealer, we specialize in supplying 1 gram to 1 kilogram gold bars directly from licensed mines across the region. Our company ensures each transaction includes a certificate of authenticity, safe packaging, and insured delivery to both local and international clients. Whether you’re a first-time buyer or an experienced investor, you can buy gold online in Uganda confidently through our secure and transparent platform
Gold Price in Kampala vs Other Cities (Entebbe, Jinja, Mbarara)
Most national price feeds—such as Gold Prices.Top—report identical UGX per gram rates across all cities (e.g., Kampala, Jinja, Mbarara), since rates are benchmarked on live spot rates and exchange values . However, actual dealer rates may vary slightly based on:
Transportation cost
Local taxes or levies
Dealer’s labor or craftsmanship fee
In practice, Kampala’s central dealers tend to offer more competitive 1 gram gold prices Uganda, while remote locations may include extra surcharges. It’s wise to compare quotes across cities if you’re buying outside Kampala.
Live Gold Rate Uganda: How to Track Daily Prices
To stay updated with live gold rate Uganda, consider these reliable sources:
GoldPriceZ.com: Delivers real‑time updates for gold price per gram in Uganda with high/low volatility tracking
GoldPrices.Top: Refreshes every ~30 seconds and provides UGX and USD rates by karat purit
Currency Converter Apps: Include gold charts, historical trends, and UGX/USD rates.
Local Financial Platforms: Such as the Bank of Uganda’s metals bulletin or licensed dealer portals.
Use these tools to feed daily gold price updates into your article or a widget for readers.
How to Verify the Purity of 1 Gram Gold in Uganda
Verifying the purity of 1 gram gold in Uganda is crucial to ensure you get genuine value for your investment. Here are key steps and tips to confirm gold purity:
1. Check the Karat Marking
Gold purity is commonly marked in karats (K) or fineness. For example:
24K or 999 means pure gold (99.9% purity)
22K or 916 means 91.6% gold content
18K or 750 means 75% gold
Always inspect your gold bar or coin for these official stamps, which should be clear and permanent.
2. Request a Certificate of Authenticity
Reputable dealers provide an assay certificate or certificate of authenticity. This document verifies that the gold has been tested and meets declared purity standards, usually issued by recognized assaying laboratories or refineries licensed by the Uganda Bureau of Standards (UNBS).
3. Professional Assaying and Testing
For large purchases, consider sending your gold to an authorized assayer in Uganda who uses methods such as:
X-ray fluorescence (XRF) spectroscopy
Fire assay testing (most accurate method)
These tests provide precise purity readings to avoid fraud.
4. Visual and Physical Checks
While less reliable, simple checks can help:
Look for consistent color and shine typical of pure gold
Test weight and size against standards for 1 gram gold bars
Avoid gold that scratches easily or looks discolored
5. Buy from Trusted Sources
Always buy your 1 gram gold in Uganda from trusted dealers or platforms like Trade Panel International Limited, who provide transparency, certified purity, and customer protection.
By following these steps, you ensure your gold purchase is genuine and reflects the true gold price per gram in Uganda.
Investment Tips: Is Buying 1 Gram of Gold in Uganda Worth It?
Long‑Term Returns
Gold remains a popular hedge against inflation and currency devaluation. Owning 1 gram of gold offers entry-level investment in a highly liquid asset.
Resale Value in UGX/USD
At resale, 24K gold generally commands the highest value with minimal purity discount. You may recover close to spot plus/minus dealer margins.
Storage and Security Advice
Keep your gold in secure safes or bank deposit boxes
Save assay certificates or purchase receipts
Avoid buying large volumes in high‑crime or rural areas
Gold Price Trends in Uganda (Last 30 Days / 6 Months / 1 Year)
The table below shows a 30‑Day Trend of 24K Gold per Gram (UGX):
| Date | Price per Gram (UGX) | % Change |
|---|---|---|
| Jul 21 2025 | 390,894 | +1.29 % vs Jul 20 |
| Jul 20 2025 | 385,916 | — |
| Jul 17 2025 | 384,655 | −0.29 % vs Jul 16 |
| Jul 14 2025 | 385,235 | −0.43 % vs Jul 13 |
| Jul 08 2025 | 381,335 | −0.93 % vs Jul 07 |
| Jun 30 2025 | ~378,081 | lowest of period |
This 36,800 UGX swing over a month underscores the importance of tracking gold rate Uganda via live platforms.
Commentary
These fluctuations reflect normal volatility tied to international ups and downs, currency movements, and buyer sentiment. The near 1% daily increases mark periods of upward momentum, while short drops sometimes coincide with local weekends or lower trading volume.
Is it legal to buy gold in Uganda
Gold trading is permitted under Uganda’s laws, including the Mining and Minerals Act 2022. However, only licensed mineral dealers, approved by the Directorate of Geological Surveys and Mines (DGSM), are legally allowed to buy or sell gold
How to safely buy 1 gram of gold in Uganda: Step-by-Step Guide
Buying 1 gram gold in Uganda can be a secure and profitable investment when you follow the right steps. Here’s how to safely buy gold in Uganda while protecting your money and ensuring authenticity:
1. Choose Reputable Dealers
Always purchase from trusted gold dealers in Uganda or established online platforms like us. Verified sellers provide certificates of authenticity and transparent pricing, helping you avoid scams and counterfeit gold.
2. Verify Gold Purity
Insist on purity verification through hallmark stamps like 24K, 22K, or 18K and request an official assay certificate. This guarantees that the gold price per gram in Uganda matches the actual purity of your gold bar or coin.
3. Compare Prices and Market Rates
Check the current gold price in Uganda today from reliable sources and compare quotes from multiple dealers. Avoid sellers offering prices significantly below market rates—they may be selling fake or impure gold.
4. Use Secure Payment Methods
Pay via secure and traceable methods such as bank transfers or reputable payment platforms. Avoid cash payments when possible to ensure a clear transaction record.
5. Request a Receipt and Documentation
Always get an official purchase receipt and all supporting documents, including the assay certificate. This documentation is vital for future resale or insurance purposes.
6. Store Gold Safely
Once purchased, store your 1 gram gold in a secure location such as a safe deposit box or a trusted home safe to prevent theft or loss.
By following these best practices, you can confidently buy 1 gram gold in Uganda safely, ensuring your investment is genuine, protected, and aligned with current market values.
Best Time to Buy Gold in Uganda
The best time to buy gold in Uganda is typically when international gold prices dip, or during periods of low demand locally, such as between January and March, and August to early October. These months often follow peak seasons and may offer better deals from local sellers.
Additionally, buying gold when the Ugandan Shilling is strong against the US Dollar can reduce your overall cost.
To maximize value, always monitor the global spot price, exchange rates, and work with licensed gold dealers in Uganda for transparent pricing and legal transactions.
How much is 1kg of gold in Uganda
In Uganda, 1 kg of 24K gold trades at roughly 385–386 million UGX (≈ $106,900–$107,800 USD). Lower-karat gold sells proportionally less. Prices vary daily based on global spot values, exchange rates, and purity.
| Purity (Karat) | Approx. Price/kg (UGX) | Approx. Price/kg (USD) |
|---|---|---|
| 24K (99.9%) | ≈ 385,376,335 UGX | ≈ $106,860 |
| 22K (91.6%) | ≈ 353,262,000 UGX | ≈ $97,950 |
| 18K (75%) | ≈ 289,450,000 UGX | ≈ $80,145 |
| 14K (58.5%) | ≈ 225,211,000 UGX | ≈ $62,335 |
Buying Gold Bars vs Nuggets in Uganda
When buying gold in Uganda, understanding the difference between gold bars and gold nuggets is crucial. Gold bars are refined, standardized, and typically stamped with purity and weight, making them ideal for investors and international buyers. They are easier to store, insure, and resell due to their uniformity and traceable origin.
On the other hand, gold nuggets in Uganda are naturally occurring raw pieces of gold, often mined from rivers and artisanal mining areas. While nuggets may appeal to collectors and local traders, they come with purity inconsistencies and are more prone to scams if not tested by certified refineries.
Gold bars in Uganda are often sold by licensed dealers and registered companies, ensuring quality assurance. Gold nuggets may offer a lower initial cost but often require refining, adding to the total expense.
- Best choice for serious investors: Buy gold bars in Uganda from licensed dealers.
- Best for collectors or small-scale trading: Buy gold nuggets in Uganda, but only after third-party verification.
Gold export documentation Uganda
To legally export gold from Uganda, specific documentation is required to comply with Uganda gold export regulations. Whether you are an individual buyer or a corporate trader, you must ensure all paperwork is in place before the shipment is approved by authorities. Here are the key documents needed for gold export from Uganda:
Export Permit – Issued by the Uganda Directorate of Geological Survey and Mines (DGSM) under the Ministry of Energy and Mineral Development.
Assay Report – Provided by a licensed refinery or government lab, this verifies the purity of gold being exported.
Customs Declaration Form (CDF) – Registered with the Uganda Revenue Authority (URA) for tax and compliance clearance.
Packing List & Commercial Invoice – Detailing quantity, weight, purity, and value of the gold.
Certificate of Origin – Confirms that the gold originates from Uganda and not from a neighboring country.
Air Waybill (AWB) – Provided by your courier (e.g., DHL, Brinks, Malca-Amit) for secure transport.
Tip: Always deal with licensed gold dealers in Uganda who can help process documentation correctly and provide verified gold.
Uganda Gold Supply Chain
The Uganda gold supply chain involves several crucial stages from extraction to export. Understanding this process is essential for investors, buyers, and traders seeking to buy gold in Uganda or engage in gold export from Uganda.
Gold Mining: Gold is primarily mined by artisanal and small-scale miners (ASMs) across regions like Mubende, Karamoja, and Buhweju. Larger-scale operations exist but are fewer in number.
Collection & Aggregation: Local aggregators buy gold from miners and consolidate it. This gold is often in nugget or dust form and may still need refining.
Refining: Gold is processed and purified by licensed Ugandan gold refineries to produce 99.9% pure 24K gold bars. The Uganda Free Zone Authority promotes refining within the country to add value before export.
Certification & Assay: Refined gold undergoes assay testing to verify purity levels. Certified documents are issued to ensure compliance with gold trading regulations in Uganda.
Export Preparation: Exporters compile required documents including export permits, customs declarations, and certificates of origin, in line with Uganda Minerals Commission guidelines.
International Shipping: Gold is shipped through secure couriers (e.g., Brinks, Malca-Amit, DHL) to global markets like Dubai, Europe, and Asia.
Conclusion: Uganda’s gold supply chain offers transparency and opportunity when you partner with trusted, licensed entities. At trade panel, we work directly within this supply chain to deliver certified gold with full documentation.
List of verified gold dealers in Uganda
Here is a list of verified gold dealers in Uganda trusted for their transparency, licensing, and compliance with export regulations:
Trade Panel International Limited – A reputable gold trading company based in Kampala, specializing in 24K gold bars, nuggets, and dust. They offer secure international shipping, full documentation, and partnerships with certified refineries.
Buy Gold Bars Africa Limited – Known for sourcing pure gold directly from licensed mines and artisanal miners. They ensure quality through refining and assay services and support clients through the entire gold export process in Uganda.
African Gold Refinery (AGR) – One of the largest gold refineries in East Africa. AGR deals with both large-scale and small-scale gold suppliers and offers internationally accepted gold products.
Bullion Refinery Limited Uganda – Licensed by the Uganda Free Zones Authority, this dealer focuses on refining and exporting gold that meets LBMA-quality standards for international markets.
Metal Testing and Smelting Company Uganda – Specializes in gold analysis, refining, and trade. They offer gold sourcing and customized gold investment solutions to both local and foreign buyers.
These companies are compliant with Uganda’s gold trading regulations and offer secure, reliable services for anyone looking to buy gold in Uganda.