Gold Price in Kenya | Daily Updates – September 2022

24 Carat Gold Price In Kenya:
6652.598 (KES) Per Gram

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For those looking to buy gold in Kenya or simply to keep track of the current gold price in Kenya, you can see the gold price in the local currency.

Kenyan consumers are always concerned about the quality of gold available on the market, despite the strong demand for gold. Gold gold containing 99.5% purity and has been certified by reputed international mints/suppliers.

*these rates are taken from some reliable sources of the industry.

In addition to being tax-free, Kenyan gold is also relatively cheaper, as well as being of higher quality and purer than gold from other countries.

Kenya’s gold is tested and hallmarked so the quality is guaranteed, so there are no risks involved in buying gold there.

 It is first necessary to assess current gold prices in Kenya before you can perform gold price research. The gold price in Kenya is available in the table below.

Gold Price In Kenya Per Gram, Kilo, Ounce

Various gold prices are shown in the following table (ounces, tolas, grams, kilograms, etc.).  

An example of how jewellery production is actually done is illustrated in the following graphic.

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  To help you understand how this guide flows and what it covers, we outline the following topics.  

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Keep a Track of Gold price in Kenya

Price changes should be monitored regularly. Within two to three business days, you should consider purchasing when noticing a slight drop in price.

It does not take a detective to figure out that there are a lot of jewelry shops, and their prices vary depending on their collections, designs, customer service, and target audiences.

Knowing the current Kenya Gold rate is crucial when buying gold jewelry online, investing in gold, or purchasing gold from a store.

The rates you want will be available from Jewells Mark if you need that information.

Prices for Gold Carats in kenya

This bird’s eye view will give you a general idea of gold carat prices.

You will find the prices per gram, per 10 grams, per Vori, per Aana, and per ounce in the table below.

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Gold weight Units

In Kenya, gold weight is also measured in grams, kilograms, and tolas.

• Pavan Gold is equivalent to 8 grams of gold. Pavan is also known as Poun.
• 1 Pavan = 8 grmas
• Approximately 11.6638038 grams of gold weigh one tola, 31.1034768 grams per ounce, and 1,000 grams per kilogram.
• 1 Tola = 11.66 grams
• 1 Ounce = 31.1034 grams
• 1 Kilograms = 1000 grams
• The weight of gold is measured in troy ounces (1 troy ounce = 31.1034768 grams), whereas its purity is measured in “carats”. The caratage of gold alloyed with other metals is the measure of purity.

The tools below allow you to convert gold weight between different units:-

Gold price Calculator

From here, you can calculate the quantity of gold for any number of items

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Buying Gold In kenya

Tourists visiting Kenya by air are allowed to bring gold ornaments and silver ornaments weighing up to 50 grams and 100 grams respectively, so long as they will take them back home with them when they leave.

Kenya’s Ministry of Interior warned citizens they need to follow proper safety and security procedures when buying and selling gold jewelry, in order to prevent fraud.

Tips for Gold Buying

1. Our ability to determine gold’s purity depends on its carats.
2. If the gold is 24 Karat, then it is 99.9% pure, but if it is 22 Karat, 18 Karat, 14 Karat, etc., then the purity decreases.
3. Gold investments should be checked for purity before they are made.
4. It is advisable to purchase hallmarked jewellery as another way to identify purity.
5. When paying for gold, you should be careful to ensure that the weight is correct.

Investing in gold?

A gold mutual fund offers an alternative to physical gold if you do not wish to invest in physical gold.

Your bank has gold coins, bars, and bullions, which you can purchase from them.

Shops that sell gold sell 24 karat gold bars and coins. Many of these have a purity as high as 999.9.

Weights of bullions in this category range from one gram up to a kilogram.

If gold prices rise in the future, investors can hold on to gold coins and bars and earn a profit, or they can sell them.

authority to decide Gold Rate

In the Association’s daily meetings, gold rates would be determined. These rates would apply uninterruptibly throughout the nation.

A reference to the international market is made by the Federation in accordance with Association.

In the gold futures derivative market, there are several banks that analyze supply and demand to establish fixed and average gold prices. The gold price is set by a committee of both internal and external chair members, as well as an overseeing committee.

Gold Carats In Kenya

Various carats and their respective Hallmark of Gold jewelry are as follows:

• Gold 24 Karat is 99.99% pure with Hallmark 999
•  Gold 22 Karat is 91.67% pure with Hallmark 916
•  Gold 20 Karat is 83.33% pure with Hallmark 833
•  Gold 18 Karat is 75.00% pure with Hallmark 750
•  Gold 16 Karat is 66.67% pure with Hallmark 667
•  Gold 14 Karat is 58.33% pure with Hallmark 583
•  Gold 12 Karat is 50.00% pure with Hallmark 500
•  Gold 10 Karat is 41.67% pure with Hallmark 417

24 Carat Gold in kenya

The pure form makes it much more expensive than other forms of gold, therefore it can be an excellent investment for situations in which gold is sold without much depreciation.

The purest form of gold (24 karats) is malleable, even though it is a precious metal. Jewellery cannot come in different shapes or sizes if created from its purest form.

23 Carat gold in kenya

There are foreign jewelry shops that sell 23K gold chains, necklaces, rings, and earrings. The beautiful, durable, and long-lasting qualities of 23K gold are among its many advantages. Those who want high-purity jewelry will appreciate the quality of this jewelry.

A hallmark is a distinctive feature of gold jewelry. If you look at the jewelry you should see either a 958 or 23k serial number.

22 carat gold

Since this form of gold is least pure, it can be used to make gold jewellery. In addition to adding impurity and strength to the mixture, silver, nickel, and other metals are mixed together.

When gold is divided accurately into portions, 22 parts gold and 2 parts impurities make up its composition. There is no bright golden color to this type of gold, but a yellow color which is slightly tainted compared to 24 carat gold.

20 Carat Gold in kenya

Alloys containing 20K gold are composed of 83.3% pure gold and the rest is impure gold. The value of Hallmark 833 gold and 20-carat gold is the same.

Recent years have seen a dramatic increase in the price of 20-carat gold.

A large portion of antique jewelry made with 20 carat gold is chains, rings, and earrings.

18 Carat Gold in kenya

Depending on its impurities, gold can take on many different forms. Gold particles, or grains, consist of approximately 75% 18-carat gold and 25% are impurities.

Please check back soon for more information, we will post a post on the 18 Carat Gold market in Kenya soon.

14 Carat Gold in kenya

Jewelry made from solid gold, such as 14k gold, is excellent for everyday wear.

It is generally believed that about 58% of the gold is contained in an alloy created from 14k gold.

A stronger metal alloy is created by adding nickel, copper, and silver to 14k gold instead of just gold alone.

Gold Carats Historical Prices

Studying historical gold prices is one of the best ways to make accurate gold price predictions 

DATE	24k Price (KES)	22k Price (KES)	21k Price (KES)	18k Price (KES)	14k Price (KES)
05 October	6676.707	6119.867	5841.007	5006.037	3895.977
04 October	6605.667	6054.747	5778.857	4952.767	3854.527
03 October	6428.217	5892.097	5623.617	4819.727	3750.987
02 October	6454.497	5916.177	5646.607	4839.427	3766.317
01 October	6454.497	5916.177	5646.607	4839.427	3766.317
29 September	6415.907	5880.817	5612.847	4810.497	3743.797
28 September	6304.657	5778.837	5515.527	4727.087	3678.887
27 September	6330.687	5802.707	5538.297	4746.607	3694.077
26 September	6346.387	5817.087	5552.027	4758.367	3703.237
25 September	6377.827	5845.907	5579.527	4781.937	3721.577
24 September	6377.827	5845.907	5579.527	4781.937	3721.577
23 September	6487.227	5946.187	5675.237	4863.967	3785.417
22 September	6439.217	5902.177	5633.237	4827.977	3757.407
21 September	6471.297	5931.577	5661.297	4852.027	3776.117
20 September	6461.447	5922.557	5652.687	4844.637	3770.377
19 September	6380.727	5848.567	5582.077	4784.117	3723.277
18 September	6494.017	5952.407	5681.177	4869.057	3789.377
17 September	6494.017	5952.407	5681.177	4869.057	3789.377
16 September	6422.757	5887.087	5618.837	4815.627	3747.797
15 September	6555.367	6008.647	5734.857	4915.057	3825.177
14 September	6599.627	6049.207	5773.567	4948.237	3850.997
13 September	6668.417	6112.267	5833.747	4999.817	3891.137
12 September	6629.687	6076.767	5799.867	4970.787	3868.547
11 September	6648.877	6094.357	5816.657	4985.167	3879.737
10 September	6648.877	6094.357	5816.657	4985.167	3879.737
09 September	6636.887	6083.357	5806.167	4976.177	3872.737
08 September	6574.667	6026.327	5751.737	4929.527	3836.437
07 September	6572.247	6024.117	5749.617	4927.717	3835.027
06 September	6611.107	6059.737	5783.617	4956.847	3857.697

Gold Price in Other Countries

Check out gold price in other featured countries from the list below

Disclaimer:

The gold prices in the table depend on the international market value; they may fluctuate based on the Kenyan market. It depends on the source how often prices are updated, but most of them are updated every fifteen minutes.

Furthermore, you should double-check prices at certain physical stores.

JewellsMark does not take responsibility for gold prices on the international market.