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🇺🇬 Gold Price Today in Uganda | USh16,769,399
Live gold price in Ugandan Shilling (UGX) — updated every 5 minutes
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (UGX)
USh539,148.30
Per Troy Oz (UGX)
USh16,769,399
Per Kg (UGX)
USh539,148,295
USD/Gold Spot
$4,532.27/oz
USD/UGX Rate
1 USD = 3700 UGX
UGX per gram
USh539,148.30
Gold Market in Uganda
Uganda has emerged as a significant gold transit hub in East Africa, officially exporting several tonnes of gold annually — much of it refined from artisanal sources in the Democratic Republic of Congo and South Sudan. The country's own artisanal gold mining sector is growing, particularly in West Nile and Karamoja regions. Gold exports have become one of Uganda's top foreign-exchange earners.
Why do people in Uganda buy gold?
For Ugandans, gold serves as a hedge against shilling depreciation and inflation. As cross-border gold trade has grown, local awareness of gold as an investable asset has increased. Urban Ugandans increasingly view gold jewelry as a dual-purpose asset — decorative and financial. The Bank of Uganda holds gold as part of its foreign reserves.
Frequently Asked Questions — Gold in Uganda
What is the gold price today in Uganda in shillings?
The gold price in Ugandan shillings is calculated from the international USD spot price multiplied by the prevailing USD/UGX exchange rate. Prices are updated continuously as global markets move.
Is Uganda a gold-producing country?
Uganda has small but growing artisanal gold production, mainly in the Karamoja and West Nile regions. However, Uganda is better known as a transit and refining hub for gold mined in the DRC and South Sudan, which passes through formal and informal supply chains before export.
How can I invest in gold in Uganda?
Physical gold jewelry and small bars are available from licensed gold dealers in Kampala and major towns. Uganda Securities Exchange (USE) does not currently offer gold ETFs. Some Ugandans access international gold investment platforms digitally.