Home / Silver Price / Uganda
🇺🇬 Silver Price Today in Uganda | USh269,138
Live silver price in Ugandan Shilling (UGX) — updated every minute
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (UGX)
USh8,652.9812
Per Troy Oz (UGX)
USh269,138.00
Per Kg (UGX)
USh8,652,981
USD/Silver Spot
$72.74/oz
USD/UGX Rate
1 USD = 3700 UGX
Gold/Silver Ratio
62.3:1
Silver Market in Uganda
Uganda has emerged as a significant silver transit hub in East Africa, officially exporting several tonnes of silver annually — much of it refined from artisanal sources in the Democratic Republic of Congo and South Sudan. The country's own artisanal silver mining sector is growing, particularly in West Nile and Karamoja regions. silver exports have become one of Uganda's top foreign-exchange earners.
Why do people in Uganda invest in silver?
For Ugandans, silver serves as a hedge against shilling depreciation and inflation. As cross-border silver trade has grown, local awareness of silver as an investable asset has increased. Urban Ugandans increasingly view silver jewelry as a dual-purpose asset — decorative and financial. The Bank of Uganda holds silver as part of its foreign reserves.
Frequently Asked Questions — Silver in Uganda
What is the silver price today in Uganda in shillings?
The silver 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 silver-producing country?
Uganda has small but growing artisanal silver production, mainly in the Karamoja and West Nile regions. However, Uganda is better known as a transit and refining hub for silver mined in the DRC and South Sudan, which passes through formal and informal supply chains before export.
How can I invest in silver in Uganda?
Physical silver jewelry and small bars are available from licensed silver dealers in Kampala and major towns. Uganda Securities Exchange (USE) does not currently offer silver ETFs. Some Ugandans access international silver investment platforms digitally.