Gold Price Today: Live 24K, 22K & 18K Rates in USD
Gold Price Today: Gold prices change every minute in the global market. Whether you are a jeweler, investor, or first-time buyer in Uganda, Kenya, Tanzania, South Africa, Rwanda, or anywhere across the continent, knowing the gold price today helps you make smarter decisions.
At Gold Bar Suppliers Ltd, we update live spot prices 24/7 so you never overpay or undersell.
Live Gold Price Today
|
Gold Purity |
Price Per Gram (USD) |
Price Per Ounce (USD) |
Price Per Kilogram (USD) |
Price in UGX (approx) |
Price in KES (approx) |
Price in ZAR (approx) |
|
24K (Pure) |
$131.57 |
$4,092.21 |
$131,570 |
USh 473,000 |
KSh 17,060 |
R 2,342 |
|
22K |
$120.64 |
$3,754.43 |
$120,640 |
USh 434,000 |
KSh 15,640 |
R 2,146 |
|
18K |
$98.68 |
$3,069.16 |
$98,680 |
USh 355,000 |
KSh 12,790 |
R 1,755 |
Source: Live LBMA spot price + Gold Bar Suppliers Ltd real-time feed. Local currency rates are indicative and include current forex.
Gold Price Trends – Where Are We Now?
- Today’s change: +1.14% (+$29.50/oz since yesterday’s close)
- Weekly change: +3.8%
- Monthly change: +7.2%
- 2025 Year-to-date: +25.6%
- All-time high: $2,670 (October 2025)
- 2024 average: $2,050/oz
Gold has been in a strong bull market throughout 2025, driven by persistent inflation fears, central bank buying (especially China, India, and Turkey), and geopolitical uncertainty.
Factors That Affect Gold Prices Today
- US Dollar Strength – Gold is priced in USD. When the dollar weakens, gold becomes cheaper for foreign buyers → price rises.
- Inflation & Interest Rates – High inflation or expected rate cuts push investors into gold as a hedge.
- Central Bank Purchases – In 2025 alone, central banks have already bought over 800 tonnes.
- Geopolitical Tensions – Ongoing conflicts in the Middle East and Eastern Europe keep safe-haven demand high.
- Jewelry Demand – India and China account for over 50% of annual physical demand. Wedding and festival seasons push prices up.
- Mining Supply – New mine output is flat or declining; recycling now supplies ~30% of annual gold.
Gold Price in Different African Countries Today (Local Currency)
|
Country |
24K Gold per Gram (Local) |
24K Gold per 10g |
24K Gold per Tola |
|
Uganda (UGX) |
313,000 |
3,130,000 |
3,650,000 |
|
Kenya (KES) |
10,790 |
107,900 |
125,900 |
|
Tanzania (TZS) |
232,000 |
2,320,000 |
2,707,000 |
|
Rwanda (RWF) |
108,000 |
1,080,000 |
1,260,000 |
|
South Africa (ZAR) |
1,490 |
14,900 |
17,380 |
|
Ghana (GHS) |
1,290 |
12,900 |
— |
Gold Price Forecast 2025–2030
As of November 21, 2025, the live spot gold price stands at approximately $4,085 per ounce (down slightly 0.37% from yesterday’s close, amid mixed signals on US Fed policy and a temporary easing in geopolitical tensions).
This marks a remarkable year-to-date gain of over 52% for 2025, underscoring gold’s role as the ultimate safe-haven asset in an era of persistent inflation, central bank diversification, and global uncertainties.
Major banks and analysts have significantly revised their forecasts upward in recent weeks, reflecting stronger-than-expected demand from central banks (projected at 760 tonnes annually through 2026) and renewed ETF inflows totaling over $8 billion in North America alone through October.
Here’s the latest consensus from leading institutions like Goldman Sachs, JP Morgan, and UBS, based on reports from November 2025:
- End of 2025: $3,675 – $4,300/oz (JP Morgan averages $3,675 for Q4; Goldman Sachs at $3,700 baseline with upside to $4,300–$4,500 in extreme scenarios; UBS at $3,800 with potential to $3,900)
- 2026 average: $4,000 – $5,055/oz (Goldman Sachs forecasts $4,000 by mid-year rising to $4,900–$5,055 by Q4; JP Morgan at $5,055 for Q4; UBS peaks at $4,900 by mid-year, with baseline $4,200 and upside to $4,700)
- Long-term (2030): $5,000 – $7,000+/oz (Consensus clusters around $5,000–$6,000, with outliers like Atlantic House Investments at $7,000; JP Morgan eyes $6,000 by 2028 as a stepping stone, driven by sustained de-dollarization and fiscal risks if inflation averages above 3% annually)
Short answer to the question on everyone’s mind: Yes, the outlook remains strongly bullish, with most analysts now expecting gold to push toward $5,000+ in the coming years.
These projections factor in key drivers like Federal Reserve rate cuts (lowering the opportunity cost of holding non-yielding gold), a weakening US dollar, record central bank purchases (led by China, Poland, and Kazakhstan), and escalating geopolitical risks from the Middle East to Eastern Europe.
However, downside risks include a stronger-than-expected US economic rebound or de-escalation in global tensions, which could cap gains temporarily.
Types of Gold & How Purity Affects Price
|
Karat |
Purity % |
Common Uses |
Price vs 24K |
|
24K |
99.9%+ |
Investment bars, coins |
100% |
|
22K |
91.67% |
Jewelry (Middle East, India) |
~91.7% |
|
18K |
75.0% |
High-end Western jewelry |
~75% |
|
14K |
58.3% |
Everyday jewelry (USA) |
~58% |
At Gold Bar Suppliers Ltd, we specialize in 99.99% LBMA-certified 24K gold bars and coins – the purest form and the best value for investors.
How Gold Prices Are Actually Calculated
- London Fix / LBMA Spot Price – Twice daily benchmark used worldwide.
- Live Spot – Updates every few seconds on trading platforms.
- Local Premium – Refining, transport, insurance, and dealer margin (usually 1–5% over spot).
- Taxes – Some countries add VAT or export duties (Uganda & Kenya currently 0% on investment gold bars).
- Making Charges – Only for jewelry (can be 5–25% extra).
Formula for final price you pay:
Final Price = [(Spot Price × Weight) + Premium + Taxes] × Forex Rate
Gold Bars vs Coins vs Jewelry – Which Is Cheaper?
|
Form |
Typical Premium over Spot |
Liquidity |
Best For |
|
Large Bars (100g–1kg) |
0.5–2% |
Highest |
Serious investors |
|
Small Bars (1–100g) |
2–5% |
High |
Medium investors |
|
Sovereign Coins (Krugerrand, Maple, Britannia) |
3–6% |
Very High |
Global recognition |
|
Jewelry |
10–100%+ |
Low |
Cultural/wearable |
Winner for pure investment in 2025: 100g–1 kilo 24K gold bars – lowest premium, easiest to store and resell.
Investment Tips from Gold Bar Suppliers Ltd
- Buy on dips – Gold at $2,500–$2,550 is still attractive compared to the forecasted $3,000+.
- Prefer physical over paper – ETFs are convenient, but you don’t own the metal.
- Store securely – Use bank safety deposit boxes or professional vaulting.
- Buy LBMA-certified only – Guarantees purity and worldwide acceptance.
- Dollar-cost average – Invest fixed amounts monthly to smooth volatility.
Where to Buy Gold Today in East & Southern Africa
Gold Bar Suppliers Ltd is the region’s most trusted supplier of:
- 1 gram to 1 kilo 99.99% pure gold bars
- South African Krugerrands, Canadian Maple Leafs, British Britannias
- Secure vault storage in Kampala, Nairobi, Dar es Salaam, and Johannesburg
- Same-day delivery across Uganda, Kenya, Rwanda, Tanzania, and express shipping elsewhere
- 100% buy-back guarantee at live spot price
Contact us today:
FAQ – Gold Price Today
- What is the gold price today in Uganda?
≈ USh 313,000 per gram (24K) as of Nov 21, 2025. - Why is the gold price rising so fast in 2025?
Central bank buying, inflation fears, weaker dollar, and geopolitical risks. - How much is 1 ounce of gold worth today?
$2,595.80 (live spot). - Is gold a good investment in 2025–2026?
Yes – most analysts forecast 15–30% upside in the next 12–24 months. - Which is better: gold bars or coins?
Bars have lower premiums; coins have better global recognition. - Does raw gold cost less than refined gold?
Yes, raw gold dust or nuggets sell at 5–15% discount to refined bars, but refining and assay costs eat most of the savings. - How often do gold prices change?
The international spot price updates every few seconds during market hours. - Will gold prices crash in 2026?
Unlikely while inflation and geopolitical risks remain elevated. - What is the best karat for investment?
24K (99.9%+) – no alloy, maximum value. - Can I get my gold delivered the same day in Kampala or Nairobi?
Yes – Gold Bar Suppliers Ltd offers same-day armored delivery in major cities.
Final Thoughts
Gold is one of the few assets that has preserved wealth for thousands of years. In 2025, with economic uncertainty still high, owning physical gold remains one of the smartest moves you can make.
Don’t wait for $3,000/oz to start buying.
Contact Gold Bar Suppliers Ltd today for the most competitive live prices, zero hidden fees, and guaranteed LBMA-certified bullion.
