Where can i buy gold in kenya: Best Places 2025

Where can i buy gold in kenya: Kenya has quietly become one of East Africa’s hottest gold hubs. With global prices hovering around $2,650 per ounce (November 2025) and local premiums as low as 1–3%, you can buy 24K investment bars cheaper here than in Dubai or London—if you avoid the scams that trap 70% of first-time buyers.

This guide walks you through every safe, legal step, spotlights the most trusted dealers (including the one you asked about), and arms you with checklists, price tables, and red flags. By the end, you’ll know exactly where to walk in, what to ask, and how to fly out with certified gold in your briefcase.

1. Why Kenya? The Numbers Don’t Lie

• Production boom: 2024–2025 output jumped 42% from Kakamega, Migori, and Narok artisanal mines.
• Export value: Kenya shipped $680 million in gold in 2024; 2025 projections top $900 million.
• Local edge: Direct-from-miner sourcing cuts middle-man fees by 4–8%.
• Tax perk: Zero VAT on 995+ fine gold bars for licensed export buyers.

 Legal Must-Knows

The Mining Act 2016 + Precious Metals Act 2015 are your bible.

• Buy ONLY from Ministry-licensed dealers. Ask to see the original Gold Dealer Permit (not a photocopy).
• Get three documents on every purchase:
  1. Assay Certificate (purity & weight, stamped by SGS or Alex Stewart).
  2. Certificate of Origin (proves Kenyan source).
  3. Sales & Purchase Agreement (SPA) signed in front of a lawyer.
• Payment rule: Bank wire or escrow ONLY. Cash deals over KES 1 million trigger automatic KRA red flag.
• Export checklist (for non-residents):
  1. Export Permit (KES 5,000, 48 hrs).
  2. KRA Customs Declaration (JKIA Cargo).
  3. Insured courier (Brinks/Malca-Amit) or hand-carry up to 500 g with declaration.

Pro tip: WhatsApp the Ministry hotline +254 20 2723101 and read back the dealer’s licence number—they’ll confirm in 2 minutes.

Physical Gold vs Digital Gold

• Physical (your goal): 1 g coins → 1 kg bars. Tangible, zero counter-party risk.
• Digital alternatives (if you hate paperwork):
  • Hisa App: Buy fractional gold ETFs (0.5% fee).
  • KCB Gold Savings Account: Earn 1% p.a. on vaulted gold.
  • Nairobi Securities Exchange: Coming Q1 2026—gold-backed ETFs.

But 89% of Kenyan high-net-worth individuals still prefer bars they can touch.

Where to Buy Gold in Nairobi 

1. Buy Gold Bars Africa Limited – Sarit Centre, Westlands

Tucked in the cool Lower Ground of Sarit Centre, this licensed dealer (Ministry file DL/KE/2024/112) welcomes walk-ins with zero attitude. You’ll spot the glass counter loaded with 10 g–1 kg LBMA-stamped bars glowing under LED lights.

Staff hand you a handheld XRF gun—zap the bar yourself and watch the screen flash 99.96%. Today’s quote: $2,682/oz, just 1.2% over spot. They vacuum-seal on the spot, slip in a SGS assay video on USB, and even WhatsApp your export docs before you reach the parking lot.

Open 9 am–5 pm weekdays, 10 am–2 pm Saturday. Pro move: arrive at 11 am, beat the lunch rush, leave with gold heavier than your laptop bag.

2. Nairobi Bullion Exchange – ICEA Lion Building, 6th Floor, CBD

Ring the bell at ICEA Lion (now JKUAT Towers) and take the lift to the discreet 6th-floor suite. Appointment-only (+254 711 082 222) keeps tourists out and serious buyers in.

Here, Swiss-trained assayers unwrap serialized PAMP Suisse Fortuna bars (100 g–400 g) like rare whisky. Each bar arrives in assay card, tamper-proof blister, and QR code that pulls up the melt video. Premium: 1.8% over spot. They run Stanbic escrow—your dollars stay locked until you nod.

Bonus: in-house lawyer drafts your KRA export declaration while you sip Kenyan coffee. Minimum 100 g, maximum privacy.

3. Gold Buyers Africa Ltd – Pioneer House, Kampala Rd Branch

Cross the chaotic Kampala Road matatu stage, climb to Pioneer House 2nd floor, and enter a Kampala-registered office that feels more like a secure vault. WhatsApp +256 707 585 144 first—they’ll text a live XRF video of your nugget lot.

Raw alluvial gold (97%+) at $2,100/oz is their signature; watch the crucible melt it into shiny doré in 20 minutes. Ministry licence UG/KE/2023/056 hangs framed beside the scale.

Pay via M-Pesa or bank wire, walk out with sealed kilo bricks and a Certificate of Origin stamped “Migori Mines”. Cash deals capped at 50 g—everything else escrow.

4. Kenya Gold Refinery – Enterprise Rd, Industrial Area

Drive past roaring trucks on Enterprise Road, flash ID at the gate, and step into Kenya’s only 500 kg/day refinery. Minimum 500 g, but you’ll smell molten gold the second the roller door lifts.

Technicians pour your fresh 1 kg bar straight from the induction furnace—watch it cool from cherry-red to mirror-bright in three hours flat. Purity: 999.9 locked by fire assay. Price locked at London fix + 0.9%.

They laser-engrave your name or logo for free, vacuum-pack, and load into Brinks boxes. Export permit printed while you wait. Bring steel-toe boots; leave with the hottest bar in town.

5. Infinity Global Ltd – Ring Road, Westlands

Turn off Ring Road into a quiet courtyard; Infinity’s black-glass door slides open to reveal a mini-vault lit like a Bond villain lair. Here, 999.9 kilo bars sleep in vacuum tubes beside coltan ingots. Staff scan your passport, then hand you nitrile gloves and a loupe—every bar carries a unique DNA-style QR trace from Kakamega mine to your hand.

Premium: 1% flat. They store free for 90 days in their Class-3 vault and courier via Malca-Amit to Dubai same week. Ministry licence KE/PMD/2025/003 framed in gold leaf. Come for the kilo bricks, stay for the complimentary AA coffee and zero hard sell.

5. Gold Bar Suppliers Ltd 

Gold Bar Suppliers Ltd (GBS) operates as a registered dealer under Ministry file DL/KE/2023/087. Physical office: Barclay Plaza, Loita St, 4th Floor, Nairobi (GPS -1.2843, 36.8241).

What we sell

• 50 g, 100 g, 250 g, 1 kg Good-Delivery bars (99.99%).
• 22K jewelry-grade biscuits for gifting.
• Raw alluvial nuggets (96–98%) at 4% below spot.

Live prices ( Nov 2025)

• 100 g bar: KES 10.84 million ($83,400).
• 1 kg bar: KES 107.2 million ($824,000).
• Nuggets: KES 102,000/g.

Why locals love us

• Zero premium on orders above 500 g.
• Same-day assay by in-house SGS lab.
• Escrow via Stanbic Bank (funds released only after you weigh & scan).
• Free insured storage for 90 days.

How to buy in 7 minutes

1. WhatsApp or email us
2. Receive SPA + live quote.
3. Wire 10% deposit.
4. Buy online or Visit office, test with their XRF gun.
5. Sign, pay balance, walk out with sealed box + USB of assay video.

Price Table (06 Nov 2025, 12:31 PM EAT) – LIVE UPDATE

Spot gold just hit $3,978.40/oz (LBMA fix).

Nairobi dealers locked +0.9–1.8% premium, USD/KES = 129.24.

Form	Purity	10 g	100 g	1 kg
Bar (cast)	99.99%	$1,281	$12,805	$127,910
Bar (minted)	99.99%	$1,280	$12,790	$128,650
Coin (Krugerrand)	91.67%	$1,295	—	—
Nuggets	96–98%	$1,240	$12,390	$123,500

Ready to buy? Start with s today. Bring passport, $500 cash for assay fees—verify everything twice. Safe investing!