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🇰🇪 Gold Price Today in Kenya | KSh582,167
Live gold price in Kenyan Shilling (KES) — updated every 5 minutes
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (KES)
KSh18,717.08
Per Troy Oz (KES)
KSh582,167
Per Kg (KES)
KSh18,717,079
USD/Gold Spot
$4,512.92/oz
USD/KES Rate
1 USD = 129 KES
KES per gram
KSh18,717.08
Gold Market in Kenya
Kenya has modest domestic gold production, primarily from artisanal miners in the Migori and Kakamega regions. The Central Bank of Kenya holds small gold reserves. Nairobi is emerging as a regional financial hub, and gold investment products including digital gold platforms are growing in popularity among Kenya's expanding middle class.
Why do people in Kenya buy gold?
Kenyan investors increasingly see gold as an inflation hedge and portfolio diversifier. Gold jewellery is important in Kamba, Luo, and other Kenyan cultural traditions. Mobile money penetration has enabled new fintech solutions for gold investing — several apps allow Kenyans to buy fractional gold using M-Pesa.
Frequently Asked Questions — Gold in Kenya
What is the gold price today in Kenya in shillings?
Kenyan gold prices in KES are available from local dealers and online platforms. The price tracks international USD spot converted at the USD/KES rate published by the Central Bank of Kenya.
Can I buy gold with M-Pesa in Kenya?
Yes. Platforms like Safaricom's Ziidi (formerly M-Akiba) and fintech apps like Ndovu allow Kenyans to buy fractional gold using M-Pesa. This mobile-first approach has democratized gold investment for millions of Kenyans.
What gold coins or bars are available in Kenya?
Internationally recognized gold bars (PAMP, Valcambi, Credit Suisse) are available from dealers in Nairobi. South African Krugerrands and UAE-origin coins are also sold. Local production is primarily artisanal and not available in investment-grade form domestically.
How is gold taxed in Kenya?
Gold purchases in Kenya attract 16% VAT. Capital gains from gold sales are subject to Capital Gains Tax at 5% on net gains. Import duties apply to gold brought into Kenya. Consult the Kenya Revenue Authority (KRA) for current rates.