Buy Gold in Kenya from Trusted Gold Dealers at a Cheap Price
Explore Kenya’s premier gold market with our expert guide on how to buy gold in Kenya. Your pathway to ethical and profitable gold buying starts here.
In the heart of East Africa, Kenya emerges as a significant player in the gold market. For investors and traders seeking authentic gold in Kenya, our brokerage—based in Kampala, Uganda, and Nairobi, Kenya—serves as a trusted and licensed gold dealer.
We specialize in connecting local and international clients with affordable gold sourced from licensed small-scale miners. Our offerings include a wide variety of products such as gold bars, gold bullion, raw gold, gold beads, and other precious minerals in Kenya.
Beyond the transaction, we provide complete logistical and export support—including gold transportation, export documentation, and customs clearance—ensuring a smooth and legal gold export process from Kenya.
We are deeply committed to ethical gold sourcing in Kenya, supporting community-driven mining initiatives while strictly adhering to all legal gold trade regulations in Kenya.
For those wondering where to buy gold in Kenya safely and legally, look no further. Reach out to us anytime on WhatsApp for fast and detailed inquiries: +256 707 585144.
Steps to buy and export gold from Kenya
Buying gold in Kenya begins with identifying a licensed and reputable gold dealer, such as Buy Gold Bars Africa Limited. Always verify the dealer’s registration credentials and gold authenticity certifications to ensure compliance with Kenyan mining regulations and to avoid counterfeit transactions.
Next, request a current gold price quote based on international spot rates, and choose your preferred gold purity—typically 24K gold or 22K gold in Kenya—as well as the desired quantity. Once confirmed, both parties should review and sign a legally binding Sales & Purchase Agreement that outlines the price, quantity, delivery timeline, and payment terms.
Make the gold payment through secure and traceable channels—such as bank transfers or escrow accounts. Avoid cash transactions or informal methods, as these are high-risk and often illegal under Kenya’s anti-money laundering laws.
After payment confirmation, an independent gold assay is conducted to verify purity. This is followed by preparation of all legal gold export documentation, including:
Certificate of origin
Assay report
Export permit from Kenya’s Ministry of Mining
Commercial invoice and packing list
Pay Relevant Taxes and Fees
Buyers are required to pay gold export taxes in Kenya, which include:
A 5% royalty fee
Value-added tax (VAT), depending on buyer status (local vs. foreign investor)
These taxes ensure compliance with the gold export regulations in Kenya.
Secure Gold Transport
For logistics, always choose a certified and insured gold transport company, such as Brinks, Malca-Amit, or G4S, that specializes in gold shipping from Kenya. These companies manage:
Secure packaging
Customs clearance
Full value insurance
International delivery to destinations such as Dubai, the USA, Europe, or China
Customs Clearance and Final Export
With all documentation in place, the gold is submitted to the Kenya Revenue Authority (KRA) for customs clearance. Once approved, the shipment is cleared for legal gold export from Kenya under full compliance with national and international trade laws.
Best Places to Buy Gold in Nairobi and Other Cities
In Nairobi, the best places to buy gold are through licensed dealers and registered offices, rather than informal street markets. Trusted locations include authorized gold traders in the Central Business District (CBD), Westlands, and Karen.
Other cities like Mombasa and Kisumu also have licensed dealers, though Nairobi remains the hub for gold trade. Always avoid unverified vendors in open-air markets to prevent scams.
For the safest experience, buy directly from us, a certified and reputable dealer offering authentic, high-purity gold with full documentation, professional assays, and secure shipping — ensuring a transparent, stress-free transaction every time.
How to Verify Gold Purity and Authenticity in Kenya
When buying gold in Kenya, check the karat value — 24K is pure gold, while 22K, 18K, etc., are alloys with other metals. Always request an assay certificate, issued by a licensed lab, to confirm the gold’s purity and weight.
Look for hallmarks, such as stamped karat ratings and refiner marks, which indicate compliance with international standards. In Kenya, legitimate dealers provide verified documentation, assay reports, and hallmarked gold, ensuring authenticity.
Common Scams When Buying Gold in Kenya and How to Avoid Them
Scams in Kenya often involve fake gold bars, overplated tungsten, forged assay certificates, and unlicensed brokers disappearing after payment. Many fraudsters lure buyers with unrealistically low prices and avoid proper contracts or documentation.
At Buy Gold Bars Africa Limited, we eliminate these risks by offering transparent transactions, signed Sales & Purchase Agreements, genuine certificates, and licensed operations.
We ensure every deal is fully documented, witnessed, and compliant with Kenyan law. Buyers should avoid street traders, verify licenses, insist on independent assays, and work only with trusted dealers like us for guaranteed safety and peace of mind.
Current Gold Prices in Kenya: What You Should Know
The gold price in Kenya fluctuates based on the global market and the value of the Kenyan Shilling (KES). As Kenya is a major player in gold mining and trading in East Africa, the price is influenced by factors such as local demand, gold purity, and international market trends.
On average, the gold price per gram and other weights are aligned with global trends, with slight variations due to the local currency exchange rate.
As of today, 24K gold is approximately KES 9,000–10,500 per gram, with lower prices for 22K and 18K due to their reduced purity.
Globally, gold premiums in Kenya are more competitive than in Dubai, USA, or Europe, offering excellent value for buyers. At Buy Gold Bars Africa Limited, we offer gold at minimal premiums above the spot price, thanks to direct sourcing and efficient operations.
Contact us for live, up-to-date rates and benefit from certified, affordable gold delivered securely worldwide — a smart choice for investors.
Here’s the updated table with current 24K gold prices in Kenya, using today’s live rates (~July 11, 2025):
| Weight Unit | Price in KES | Price in USD |
|---|---|---|
| 1 gram | 13,870.74 | $107.34 |
| 1 tola | 161,893.24 | $1,252.03 |
| 1 ounce | 431,715.31 | $3,338.74 |
| 1 kilogram | 13,879,647.06 | $107,340.37 |
Prices sourced from live market data on Kenya gold rates
Legal Requirements for Buying and Exporting Gold in Kenya
In Kenya, buyers must deal with licensed dealers and ensure gold is exported with proper permits and clearance. The Kenya Revenue Authority (KRA) requires export licenses, customs declarations, and proof of origin to comply with regulations and avoid seizure or fines. Taxes and fees also apply depending on destination and quantity.
At Buy Gold Bars Africa Limited, we handle all the paperwork on your behalf — including licensing, assay verification, taxes, and insured shipment — ensuring full compliance with Kenyan and international laws, so your purchase and export process is seamless and stress-free.
Buy Gold in Kenya Online
Purchasing gold online in Kenya is feasible. Our brokerage provides an online platform for buyers worldwide, offering secure transactions and detailed product information.
Benefits of Buying Gold Directly from Africa with Buy Gold Bars Africa Limited
Buying gold directly from Africa, especially through Buy Gold Bars Africa Limited, offers unmatched benefits. You save significantly by cutting out middlemen and buying closer to the source. Our gold is certified, pure, and comes with all required documents, ensuring authenticity and legal compliance.
International buyers enjoy competitive pricing, secure payments, professional assay reports, and insured global shipping. Our dedicated customer support guides you through every step, guaranteeing a smooth and transparent experience.
With us, you receive genuine, high-quality gold — safely and affordably — making your investment smarter and more rewarding.
can foreigners buy gold in Kenya?
Absolutely. Kenya’s gold market is open to both local and international buyers. With the right broker, like our service, the process becomes seamless, ensuring authenticity and legal compliance.
Where to Sell Raw Gold in Kenya?
Selling raw gold in Kenya is possible through various channels, including local jewelry shops, mineral trading companies, and trusted brokers like us.
We ensure a fair, transparent process, prioritizing the interests of local miners.
Buy Gold direct from Miners in Kenya
We can help you buy gold directly from miners in Kenya, ensuring you access high-quality, ethically sourced gold at competitive prices. By cutting out middlemen, we offer you a streamlined process, enabling you to secure gold directly from the source. This not only reduces costs but also guarantees transparency and authenticity, as the gold is sourced straight from reputable mines in the region.
We work with several well-established mines in Kenya, including Kilimapesa Gold Mine, Mutea Gold Mine, and Macalder Gold Mine, which are known for their reliable production and commitment to sustainable mining practices. These mines produce gold that meets global standards, making it an ideal choice for both investment and resale.
Buying gold directly from miners offers numerous advantages. You can benefit from lower pricing since you’re bypassing intermediaries. Additionally, it ensures the gold’s traceability, as it comes straight from the mining source, giving you peace of mind regarding its authenticity and ethical sourcing. This direct approach also allows for better negotiation of terms, providing you with flexibility in purchase quantities and pricing.
Let us assist you in securing your gold investment directly from Kenya’s finest gold mines, offering you premium quality and a trusted partnership.
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Gold ETF Kenya
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Africa Gold Exporter Kenya Nairobi
As a leading exporter, our brokerage facilitates the export of gold from Kenya to global markets. We handle all aspects of the transaction, including legal documentation and transportation.
Gold Business in Kenya
The gold business in Kenya is thriving, with opportunities for buying, selling, and investing. It requires understanding the local market dynamics, legal framework, and international trade regulations.
Is it Illegal to sell gold in Kenya
No, it is not illegal to sell gold in Kenya. However, the sale and trade of gold in the country are regulated by the government to ensure that transactions are legal, transparent, and fair. Gold mining and trading are governed by the Minerals and Mining Act and other relevant regulations.
To sell gold legally in Kenya, certain guidelines must be followed:
- Licensing: Sellers (whether individuals or companies) need to be properly licensed by the government. This can involve obtaining a trading license from the Ministry of Mines or being a registered buyer or exporter with the Mineral Resources Department.
- Export and Documentation: When selling gold to buyers outside the country, gold exporters must comply with Kenya’s export regulations, including proper documentation and approval from the Central Bank of Kenya (CBK), which oversees the gold export process.
- Taxes and Duties: Sellers are also required to pay any applicable taxes or duties when selling gold, particularly when the sale involves export.
- Ethical Mining Practices: Miners and traders must ensure that their gold is sourced responsibly, following environmental and labor laws, to avoid illegal activities such as illegal mining or child labor.
Thus, while selling gold is not illegal, it must be done within the legal framework set by Kenyan authorities.
Where to sell gold in Kenya
n Kenya, there are several places where you can sell gold, ranging from local dealers to large-scale buyers and exporters. Here are some common options for selling gold in Kenya:
1. Licensed Gold Dealers
- Licensed gold dealers are the most common and reliable places to sell gold. These dealers are authorized by the Ministry of Mines and the Central Bank of Kenya to purchase and trade gold. They offer competitive prices, based on the current market value and the purity of the gold.
- You can find licensed gold dealers in major cities like Nairobi, Mombasa, and Kisumu. Always ensure the dealer is licensed to avoid selling your gold to unauthorized parties.
2. Gold Refining Companies
- Refining companies such as Kenya Gold Refinery in Nairobi offer services to both miners and sellers, providing a place where you can sell your gold for refining. They typically offer good rates based on the weight and purity of your gold.
3. Gold Exporters
- If you’re looking to sell gold on a larger scale, you can sell to gold exporters who are licensed by the Central Bank of Kenya. These exporters help in selling gold internationally and ensure you receive a fair price.
- Companies such as Aurum Exploration and Ruth & Co. Gold Traders specialize in sourcing and exporting gold from Kenya.
4. Jewelry Shops and Traders
- If you have gold jewelry, local jewelers and gold traders are also options. Many jewelry shops buy gold, especially if it’s in the form of jewelry, and they often have gold buying programs.
5. Gold Markets in Nairobi (e.g., Gikambura and Eastleigh)
- There are local markets and malls like the Eastleigh area in Nairobi where traders and gold buyers gather to purchase gold from the public. These are more informal compared to licensed dealers and may offer varying prices.
Important Tips:
- Research and compare prices before selling to ensure you’re getting a fair deal.
- Always verify the legitimacy of the buyer to avoid being scammed.
- Ensure that you have the necessary documents and certificates (e.g., proof of origin) when selling gold.
By selling your gold at the right place, you can maximize its value while ensuring compliance with local regulations.
About Gold Export Regulations in Kenya
Kenya has established a set of rules and regulations to control the export of gold and ensure the legality and security of the trade. Below are the key aspects of the gold export process in Kenya:
1. Licensing and Registration
- Gold exporters in Kenya must be registered with the Ministry of Mining and hold an export license issued by the Kenya Revenue Authority (KRA). The license is essential for any person or company wishing to export gold legally.
- Artisanal miners and individuals involved in gold trade are also required to register with the relevant government authorities to ensure that their activities are compliant with local laws.
2. Export Documentation
- Gold exporters must present several documents when exporting gold:
- Export permit issued by the Ministry of Mining.
- Certificate of Origin proving that the gold has been legally sourced within Kenya.
- Customs declaration form (KRA form) for clearance at the port of exit.
- Assay certificates confirming the quality and weight of the gold.
3. Assaying and Valuation
- Gold must be assayed to determine its purity before it can be exported. The Kenyan government requires that all exported gold undergoes this process at an authorized assay laboratory.
- The assay certificate is essential for confirming the value of the gold and for taxation purposes.
4. Export Taxes and Fees
- Kenya imposes taxes and levies on the export of gold, including:
- Export Duty: The government may impose a duty on gold exports, typically based on the market value of the gold.
- VAT Exemption: Exported gold is often exempt from Value Added Tax (VAT), but exporters must ensure compliance with KRA requirements for VAT exemptions.
5. Regulation by the Central Bank of Kenya
- Gold exports must comply with regulations set forth by the Central Bank of Kenya (CBK), especially in cases where the gold is exported in large quantities. The CBK ensures that gold exports align with Kenya’s monetary policies and that the gold is not being illegally channeled abroad.
6. Illegal Gold Trade and Smuggling
- The Kenyan government has strict regulations in place to combat illegal gold trade and smuggling. Exporting gold that was illegally mined or obtained is prohibited. The government works with various agencies to track gold trade and prevent the export of unregistered or illegally sourced gold.
7. Export Channels
- Gold is typically exported through airports or ports, with major export points being Nairobi’s Jomo Kenyatta International Airport. It is important for exporters to work with authorized channels for smooth clearance.
8. International Trade Compliance
- Kenya’s gold export regulations also comply with international standards. Exporters must ensure that their transactions adhere to global anti-money laundering (AML) and conflict-free sourcing standards, ensuring that the gold does not contribute to human rights violations or conflict financing.
9. Foreign Exchange and Payment
- Exporters must receive payment in foreign currency (e.g., USD or EUR) and comply with the Foreign Exchange Act. Payments must be made through approved financial institutions for transparency.
Gold buying laws in Kenya
Gold buying laws in Kenya are regulated by the Mining Act 2016 and overseen by the Ministry of Mining. To legally buy gold, individuals or companies must obtain a valid gold trading license from the Director of Mines.
This includes meeting regulatory requirements such as tax compliance, registration with the Kenya Revenue Authority (KRA), and due diligence under anti-money laundering (AML) laws. Gold transactions must be documented, and buyers are advised to source only from licensed miners or dealers.
Unauthorized buying, smuggling, or dealing in conflict gold is illegal and punishable under Kenyan law. Always verify dealer credentials.
Buy Gold in Kenya:
Frequently asked questions (FAQs) about gold in Kenya:
1. Is gold found in Kenya?
Yes, Kenya has significant gold deposits, particularly in regions like Western Kenya, Rift Valley, and Nyanza. Gold is mainly found in small-scale artisanal mines, with a growing presence of commercial mining operations in recent years.
2. Where is gold mined in Kenya?
The main gold-producing areas in Kenya include:
- Western Kenya: Specifically in Kakamega, Vihiga, Bungoma, and Trans Nzoia counties.
- Rift Valley: Notably in Bomet and Narok counties.
- Nyanza: Areas like Nyatike and Rongo are known for gold mining.
- Central Kenya: There are also small-scale mining activities in some parts of the region.
3. How is gold mined in Kenya?
Gold in Kenya is primarily mined through artisanal and small-scale mining (ASM) methods, such as:
- Panning: Using basic tools to separate gold from riverbeds or sand.
- Hard rock mining: Excavating ore from deeper rock deposits and processing it to extract gold.
- Cyanide and mercury: Some miners use toxic chemicals, though this is becoming a concern due to environmental and health risks.
4. Is gold mining legal in Kenya?
Yes, gold mining is legal in Kenya. However, miners must adhere to government regulations and obtain the necessary permits for exploration, mining, and exporting gold. Small-scale miners often work with limited regulatory oversight, which has been a focus for the government to improve safety and environmental standards.
5. Can I invest in gold mining in Kenya?
Yes, you can invest in gold mining in Kenya by:
- Buying shares in gold mining companies: Some mining companies are listed on the Nairobi Securities Exchange (NSE).
- Partnerships with small-scale miners: This option involves working directly with local miners or cooperatives.
- Establishing or funding a mining venture: You could invest in a mining project or purchase mining licenses (subject to government regulations).
6. How can I buy gold in Kenya?
You can buy gold in Kenya from:
- Local dealers: Some jewelry shops and gold traders sell gold bullion, coins, or jewelry.
- Gold mining companies: Large-scale mining companies may sell gold directly to buyers or through dealers.
- Artisanal miners: You can also purchase gold directly from local miners, though this comes with some risks regarding authenticity and quality.
7. Is it safe to buy gold from Kenya?
Buying gold in Kenya can be safe if you deal with reputable dealers or established gold mining companies. It’s important to verify the authenticity of the gold through proper certification, testing, and ensuring that the seller follows legal and ethical practices.
8. What is the gold price in Kenya?
The price of gold in Kenya is influenced by global market prices, which fluctuate based on factors like demand, economic conditions, and currency exchange rates. Local gold prices are typically priced in Kenyan Shillings (KES) but tend to align closely with the international market price for gold (per ounce or gram).
9. What are the risks of buying gold from Kenya?
Risks include:
- Fraud: There are instances of counterfeit or low-quality gold, especially from informal or unregulated sources.
- Environmental concerns: Gold mining, particularly small-scale and artisanal operations, may be harmful to the environment through unregulated use of chemicals like mercury and cyanide.
- Legal challenges: Some gold mining in Kenya is informal or illegal, which can lead to disputes or loss of investment if not handled properly.
10. Are there any gold mining companies in Kenya?
Yes, there are both large-scale and small-scale gold mining operations in Kenya. Some notable gold mining companies and operations include:
- Acacia Mining: A major mining company that has been involved in Kenya’s gold sector.
- Kilimapesa Gold: A gold mine located in the Migori region of Kenya.
- Goldplat: An international company with operations in Kenya, focusing on gold recovery from by-products.
11. Can I legally export gold from Kenya?
Yes, it is legal to export gold from Kenya, but you must comply with the country’s regulations. This includes obtaining an export license, providing proof of legal mining or sourcing, and following international trade and anti-money laundering (AML) laws. Exporters also need to pay any applicable taxes and fees.
12. What are the government regulations for gold mining in Kenya?
The Kenyan government has established rules governing the mining sector, such as:
- Mining licenses: Companies or individuals need to apply for licenses to prospect, mine, and export gold.
- Environmental regulations: Miners must comply with environmental impact assessments (EIA) and sustainable mining practices.
- Health and safety standards: The government has regulations in place to protect workers and local communities involved in mining activities.
13. Is artisanal gold mining common in Kenya?
Yes, artisanal and small-scale mining (ASM) is widespread in Kenya, especially in rural areas. However, this sector faces challenges like unsafe working conditions, lack of access to modern equipment, and exposure to hazardous chemicals such as mercury. The government has been working to formalize the sector and improve safety and environmental practices.
14. How can I ensure the gold I buy is authentic in Kenya?
To ensure authenticity:
- Work with certified dealers: Look for sellers who are registered and comply with regulatory standards.
- Request certificates: Ask for documents like certificates of authenticity, proof of origin, and assay reports.
- Test the gold: Consider having the gold tested for purity by an independent lab or using a gold tester.
15. What is the future of gold mining in Kenya?
The future of gold mining in Kenya looks promising, as the country continues to explore its gold reserves. There is increasing interest from international investors, and the government is working on improving regulatory frameworks and supporting sustainable mining practices. With the right investments and better mining technology, Kenya’s gold industry could grow substantially in the coming years.
How Can I Buy Gold from Kenya?
To purchase gold from Kenya, you can contact reputable brokers, visit local dealers, or use online platforms. Ensure the seller’s credibility and legal compliance.
How Gold is Sold in Kenya?
Gold in Kenya is sold through various channels, including jewelry stores, brokers, and online platforms. Transactions should always be backed by proper documentation and verification.
Is it Illegal to Sell Gold in Kenya?
No, it’s not illegal to sell gold in Kenya. However, sellers must adhere to the country’s mining laws and regulations.
What is the Best Time to Trade Gold in Kenya?
The best time to trade gold depends on global market conditions. Keep an eye on international market trends and currency fluctuations for optimal timing.
Can You Export Gold from Kenya?
Yes, exporting gold from Kenya is permissible, provided all legal requirements are met, including proper documentation and export licenses.
How Can I Legally Buy Gold?
Legally buying gold involves purchasing from licensed dealers or brokers, obtaining a receipt, and ensuring the gold’s source is legitimate.
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