Current 24K Gold Price in Mali

As of May 7, 2025, the 24-karat gold price in Mali stands at approximately CFA 1,956,233 per ounce, reflecting a significant increase from CFA 1,412,979 recorded on the same date in 2024.

This upward trend underscores the dynamic nature of the gold market in Mali, influenced by various global and local factors.

Current 24K Gold Prices in Mali

The following table provides a detailed breakdown of 24K gold prices in Mali across different units:

Note: USD equivalents are approximate and subject to exchange rate variations.

Historical Gold Price Trends in Mali

Mali’s gold prices have shown notable volatility over the past year:

• Highest Price in 2025: CFA 1,967,267 per ounce on May 6, 2025.

• Lowest Price in 2025: CFA 1,662,722 per ounce on January 1, 2025.

• Average Price in 2025: CFA 1,811,611 per ounce.

• Year-over-Year Increase: Approximately 39.23% from May 2024 to May 2025.

This upward trajectory highlights the growing value of gold in Mali’s economy and its appeal as an investment asset.

Comparative Gold Prices in Africa

When compared to other African nations, Mali’s 24K gold prices are competitive:

Note: Prices are approximate and subject to market fluctuations.

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Factors Influencing Gold Prices in Mali

Several elements contribute to the current gold pricing in Mali:

• Global Market Trends: International gold demand and geopolitical events can impact prices.

• Currency Exchange Rates: Fluctuations in the CFA franc against major currencies affect local gold prices.

• Local Mining Practices: Mali’s mix of artisanal and industrial mining influences supply and pricing.

• Government Policies: Regulations and taxation on gold exports can alter market dynamics. Buy Gold Bars

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Best Places to Buy Gold in Mali

Mali is one of Africa’s top gold producers, and buying gold here can be both profitable and authentic if done through trusted sources. In Bamako, Mali’s capital, reputable local gold markets and licensed dealers offer refined gold bars and raw nuggets.

The Kalaban Coura area and gold trading zones near Sikasso and Kayes are known for their active, regulated gold trade.

For those considering a secure and convenient online gold purchase, Buy Gold Bars Africa Limited is the leading dealer. We offer high-purity gold sourced directly from Mali gold mines, ensuring traceability, quality assurance, and competitive pricing.

Our services include secure shipping, international logistics, and verified transaction channels, making us the trusted choice for gold investors worldwide. Whether you’re in Africa, Europe, or the USA, we simplify your gold-buying journey with transparency and reliability.

Looking for where to buy gold in Mali? Trust experience. Trust Buy Gold Bars Africa Limited.

Popular Gold bought in Mali

In Mali, the most popular gold products include 24K gold bars, raw gold nuggets, and gold dust, favored for their high purity and investment value. 24-karat gold bars are especially sought after by international buyers for their ease of transport and resale.

Artisanal and industrial miners across regions like Kayes, Sikasso, and Koulikoro produce these gold forms. Local and foreign traders also purchase refined bullion for export to global markets.

With Mali’s reputation as a leading gold producer, buyers trust its gold for quality, especially when sourced through licensed dealers or certified exporters.

 Investment Considerations

For investors and traders:

• Market Volatility: Be prepared for price fluctuations due to global and local factors.

• Regulatory Environment: Stay informed about Mali’s gold export regulations and taxation policies.

• Currency Risks: Monitor exchange rates to mitigate potential losses.

Mali’s gold market presents both opportunities and challenges. With competitive pricing and a significant role in the global gold supply, understanding the nuances of the local market is crucial for stakeholders.

Continuous monitoring of market trends, regulatory changes, and economic indicators will aid in making informed decisions.