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Gold Price in Zambia | Recent 24k, 21k Rates – 2023

24 Carat Gold Price In Zambia:
566395.22 (ZMK) Per Gram


Gold price in Zambia in the local currency ZMK & ZMW for the gold coins, bars and jewells / ornaments is presented in this guide. It may be interesting to discover how much gold is worth in Zambian Kwacha (ZMK) or Zambian Kwacha (ZMW) assets.

Following is the table of latest prices as per measuring units of Gold.

Unit
(Buying Gold)
Price (ZMK) Price (USD)
Gold Gram Carat 24566395.21363.513
Gold Gram Carat 22519195.66358.273
Gold Gram Carat 21495595.89355.653
Gold Gram Carat 18424796.56347.783
Gold Gram Carat 14330397.45337.303
Gold Gram Carat 12283197.90332.053
Gold Gram Carat 10235998.35326.813

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

With Zambia’s economic growth, gold demand is expected to rise, both for industrial and investment purposes.

gold rate zambia

Along with gold bars, coins, and other jewelry items prices can be calculated with the help of these updated gold rates.

Gold Price In Zambia Per Gram, Kilo, Ounce

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

Unit
(Selling Gold)
Price
(ZMW)
1 Ounce 24 Carat40259.451
1 Tola 24 Carat15097.751
1 Gram 24 Carat1293.051
10 Grams 24 Carat12923.851
1 Kilo 24 Carat1292306.051

Table Of Contents
  1. Gold Price In Zambia Per Gram, Kilo, Ounce
  2. Changes in gold prices depends upon these Parameters
  3. Rates for Gold Carats
  4. Gold Measurements
    • Vori To Grams Converter
    • Grams To Vori Converter
    • Vori To Aana Converter
    • Gram To Aana Converter
  5. Gold Price in Zambia | Calculator
  6. Things to keep in mind before making a purchase
  7. Gold Rates issuing authority
  8. Gold Carats In Zambia
  9. Historical Prices for All Gold Carats
  10. Gold Price in Other Countries
  11. Disclaimer:

Changes in gold prices depends upon these Parameters

Supply and Demand: Zambia’s gold price will eventually increase due to a low supply and high demand.

Relation with Interest Rate: As interest rates increase and gold purchases decrease, the price of gold will decrease.

Ornaments: Weddings and other special occasions in Zambia are traditionally marked by gold jewelry. Gold jewelry features heavily in Zambian weddings and parties.

Dollar to Local Currency Conversion: US dollars are used to price gold on international markets.

Whenever we calculate import prices, we take the exchange rate between the United States Dollar (USD) & the Zambian Kwacha (ZMK) & (ZMW) into consideration.

Rates for Gold Carats

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 Tola, per Aana, and per ounce in the table below, to know more about gold price in Zambia.

Carats Per Gram Price
(ZMW)
10 Grams Price
(ZMW)
Vori (Tola) Price
(ZMW)
1 Aana Price
(ZMW)
1 Ounce Price
(ZMW)
24K Gold1292.51292515070.55943.52536642.375
23K Gold1238.71238714443.242904.25135117.145
22K Gold1184.81184813814.768864.90433589.08
21K Gold11311131013187.46825.6332063.85
18K Gold969.4969411303.204707.66227482.49
16K Gold861.7861710047.422629.04124429.195
14K Gold75475408791.64550.4221375.9
10K Gold538.753876281.242393.25115272.145
9K Gold484.848485652.768353.90413744.08

Gold Measurements

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

  • 1 Tola = 11.66 grams
  • 1 Ounce = 31.1034 grams
  • 1 Kilograms = 1000 grams
  • 1 troy ounce = 31.1034768 grams

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

Vori To Grams Converter

Type a value in the Vori field to convert the value to Grams:

Grams:

Grams To Vori Converter

Type a value in the Grams field to convert the value to Vori:

Vori:

Vori To Aana Converter

Type a value in the Vori field to convert the value to Aana:

Aana:

Gram To Aana Converter

Type a value in the Grams field to convert the value to Aana:

Aana:

Gold Price in Zambia | Calculator

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

Quantity
(Select the No.
by pressing Up/Down key)
Gold Unit Price
(ZMK)
Price
(USD)
Vori / Tola6604162.4352734.8132
Ounce16057290.3121786.617
Kilo Grams56639472063020
Gram 24 Carat566394.7263.02
Gram 22 Carat518817.5635257.72632
Gram 21 Carat495595.3855.1425
Gram 20 Carat472373.1964852.55868
Gram 18 Carat424796.0447.265
Gram 14 Carat330208.1217636.74066
Gram 10 Carat235620.2035226.21632
Aana 413468.145646.0046
Ratti3109507.0128345.9798
Masha583386.561664.9106

Things to keep in mind before making a purchase

  • If you plan to buy 22k, 21k, or 18k gold ornaments, make sure they are pure.
  • Not only does gold price change daily, but it also varies by location. Listed below is the 22-karat gold price in Zambia today.
  • Across the globe, gold purity standards vary widely from country to country.
  • One gram of pure gold equals 91.66 grams in 100 grams of gold, which is 916 grams of gold.
  • The making costs of gold ornaments are also charged by jewelers. A jewellery maker’s charge for gold is typically 15 percent of the current price.

Gold Rates issuing authority

A variety of factors affect gold’s value. Several authorities determine the spot gold price, such as the government, the Central Bank, and some jewelers’ associations.


National Bank of Zambia, is one of Zambia’s most important sources of information regarding gold prices.

Gold Carats In Zambia

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

There are six types of hallmarked gold sold in Zambia jewelry stores:

  • 375 hallmarked gold (9 carat gold)
  • 585 hallmarked gold (14 carat gold)
  • 750 hallmarked gold (18 carat gold)
  • 875 hallmarked gold (21 carat gold)
  • 916 hallmarked gold (22 carat gold)
  • 958 hallmarked gold (23 carat gold)
  • 999 hallmarked gold (24 carat gold)

Historical Prices for All Gold Carats

Making accurate gold price predictions requires the study of historical gold prices 

DATE 24k Price (ZMK) 22k Price (ZMK) 21k Price (ZMK) 18k Price (ZMK) 14k Price (ZMK)
29 May 2023563089.3516123.8492604.2422181.4328557
28 May 2023563089.3516123.8492604.2422181.4328557
27 May 2023563089.3516123.8492604.2422181.4328557
26 May 2023564187517129.9493564.5423004.3329197.5
25 May 2023566395.2519153.9495496.2424659.9330485.9
24 May 2023571991.9524283.8500392.4428856.2333751.6
23 May 2023567505.7520171.8496467.8425492.6331134
22 May 2023571991.9524283.8500392.4428856.2333751.6
21 May 2023571991.9524283.8500392.4428856.2333751.6
20 May 2023571991.9524283.8500392.4428856.2333751.6
19 May 2023567505.7520171.8496467.8425492.6331134
18 May 2023573124.6525322501383.3429705.4334412.5
17 May 2023576549.6528461.4504379.6432273.4336411
16 May 2023583524534854.1510481437502.5340480.5
15 May 2023583524534854.1510481437502.5340480.5
14 May 2023582349.9533777.9509453.9436622.2339795.4
13 May 2023582349.9533777.9509453.9436622.2339795.4
12 May 2023582349.3533777.3509453.3436621.7339795
11 May 2023588267.4539201.9514630.7441058.9343248.2
10 May 2023588268.1539202.4514631.2441059.4343248.6
9 May 2023585886.5537019.5512547.7439273.7341858.9
8 May 2023585887.8537020.6512548.8439274.7341859.7
7 May 2023583524534854.1510481437502.5340480.5
6 May 2023583524534854.1510481437502.5340480.5
5 May 2023593089.3543621.6518849444674.1346061.7
4 May 2023591877.1542510.4517788.5443765.3345354.4
3 May 2023583523.4534853.5510480.4437502340480.1
2 May 2023573124.6525322501383.3429705.4334412.5
1 May 2023574261.7526364.3502378.1430558335076

Gold Price in Other Countries

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

  • Gold Price In Bangladesh
  • Gold Price In Kuwait
  • Gold Price In Oman
  • Gold Price In Senegal
  • Gold Price In Norway
  • Gold Price In Sri Lanka

Disclaimer:

Gold prices in Zambia are not consistently reflected in international markets due to several factors.

Most sources update their prices every 15 minutes, but there are some that update every five minutes.

JewellsMark, neither controls nor is responsible for the international gold price.

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  • Gold Price Updated Live Rates – 2023
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  • Blogs
    • Types Of Gold | Well Researched Guide
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    • How to Measure Gold Weight?
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