Gold Price Today in Kenya
Today's Gold Prices in Kenya - All Karats Live
The following are raw gram prices for the gold price in Kenya (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 17,653.49 KES | 18,432.32 KES | ▲ 42.30 (+0.23%) |
| 22k | 16,182.37 KES | 16,896.30 KES | ▲ 38.77 (+0.23%) |
| 18k | 13,240.12 KES | 13,824.24 KES | ▲ 31.72 (+0.23%) |
| Ounce | 549,085.33 KES | 573,309.67 KES | ▲ 1,315.59 (+0.23%) |
Last updated: 09:55 - 5 October 2026
Gold Performance in Kenya Over Last Year
Gap Between Gold Price in Kenya and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 18,432.32 KES | 17,307.34 KES | +1,124.98 KES |
| 22k | 16,896.30 KES | 15,865.07 KES | +1,031.23 KES |
| 18k | 13,824.24 KES | 12,980.51 KES | +843.73 KES |
Popular Bullion Bars in Kenya
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 18,800.97 KES |
| 5g Bar | 5 | 93,544.02 KES |
| 10g Bar | 10 | 186,535.08 KES |
| 50g Bar | 50 | 930,832.16 KES |
Gold Performance in Kenya - Long Term
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
Nairobi holds a growing position as a regional gold trading hub for East Africa, benefiting from its location as a commercial gateway linking continental markets to the Gulf and Asia, even though Kenya's own gold production remains limited compared to its neighbors.
Mobile money services (M-Pesa) have reached unprecedented global adoption in Kenya, and this has begun genuinely affecting how small gold pieces are bought and sold in cities, with many young people favoring digital transactions over traditional cash.
The Kenyan market leans toward 18k in everyday jewelry, while gold serves as an important traditional savings tool in rural areas outside the banking system, especially among farmers during good harvest seasons.
The Kenyan Shilling has seen notable volatility in recent years, making exchange rate tracking as important as watching the global price when calculating the local value of gold.
Frequently Asked Questions
Is Kenya a gold-producing country?
Domestic production is relatively limited, but Nairobi plays a growing role as a regional trading hub linking East Africa to Gulf and Asian markets.
How has mobile payment affected Kenya's gold market?
It has begun changing how small pieces are bought in cities, with many young people favoring digital M-Pesa transactions over cash.
What's the most common gold karat in Kenya?
18k is most common in everyday jewelry across Kenyan cities.