Gold Prices in Uganda

Gold prices on the website are updated every 30 seconds.
Prices are displayed in the local currency and USD.

KaratOunceGram
24
UGX: 12,175,512.55
USD: 3,327.87
UGX: 391,451.53
USD: 106.99
22
UGX: 11,160,886.50
USD: 3,050.55
UGX: 358,830.57
USD: 98.08
21
UGX: 10,653,573.48
USD: 2,911.89
UGX: 342,520.09
USD: 93.62
18
UGX: 9,131,634.41
USD: 2,495.90
UGX: 293,588.64
USD: 80.25
14
UGX: 7,102,382.32
USD: 1,941.26
UGX: 228,346.72
USD: 62.41
The website retrieves gold prices through Almurakib, a specialist in evaluating the best trading companies.

Gold Price Analysis

Here is a comprehensive analysis of gold prices, featuring detailed and up-to-date daily, weekly, and monthly changes.
  • Price increased by 0.52% (62,894.09 UGX) compared to yesterday.
  • Price decreased by 1.84% (226,239.59 UGX) compared to last week.
  • Price increased by 2.00% (236,541.04 UGX) compared to last month.

Gold Purchase Calculator

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Gram/Ounce Converter

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Gold Price Chart

Track gold price fluctuations over the past 365 days for both grams and ounces, in local currency and USD.

FAQ

It is set daily based on LBMA London prices and the UGX/USD rate. 

The Bank of Uganda issues a regular metals price bulletin. 

In Speke Road dealers and licensed banks in the central business district. 

Local output of about 8% helps moderate premiums seasonally. 

Yes—it is widely used as a hedge against inflation and FX risk. 

Popular Gold Bullion Prices Worldwide

Gold bullion is one of the most trusted forms of safe investment, typically made of 24K pure gold (999.9). The table below presents estimated prices for the most commonly traded bullion weights around the world, based on real-time international gold rates.
WeightPrice in USDPrice in UGX
Ounce$3,327.87UGX: 12,175,512.55
Gram$106.99UGX: 391,451.53
2.5 Gram$267.48UGX: 978,628.82
5 Gram$534.97UGX: 1,957,257.63
10 Gram$1,069.93UGX: 3,914,515.26
50 Gram$5,349.67UGX: 19,572,576.32
100 Gram$10,699.34UGX: 39,145,152.64
Half Kilogram$53,496.70UGX: 195,725,763.18
Kilogram$106,993.39UGX: 391,451,526.36

Gold in Uganda

In Uganda, gold is interwoven with both cultural tradition and modern investment acumen—a symbol of promise and preservation in a rapidly evolving economy. In Kampala and throughout the Ugandan countryside, traditional gold jewelry is meticulously crafted by skilled artisans whose time-honored techniques infuse each piece with indigenous symbolism and artistry. Gold is central to celebratory rituals including weddings, spiritual ceremonies, and communal festivals where it is exchanged as a token of esteem and security, passed down as cherished heirlooms for generations. With the advent of the digital age, modern trading platforms now offer real‐time updates on gold rates, allowing local traders and individual investors to navigate global market fluctuations with unprecedented transparency. Government quality controls and established certification processes reinforce the purity and authenticity of Uganda’s gold, fostering increased trust among buyers and stakeholders. As a result, gold in Uganda stands as both an emblem of cultural identity and a robust vehicle for wealth preservation, bridging the rich traditions of the past with forward-thinking economic strategies and modern financial practices.

Gold Rates in the Africa