Africa Gold Price Today – Retail Rates vs. Institutional Export Value (February 19, 2026)
As of Thursday, February 19, 2026, the Africa gold price today varies significantly depending on whether you’re an individual buyer purchasing retail jewellery or bars—or an institutional trader sourcing high-purity gold for export. For serious buyers, only the latter reflects true market value.
1. Retail Gold Prices Across Key African Markets
Retail prices include VAT, dealer premiums, and local currency fluctuations. Approximate rates per gram:
| Country | Local Price (Per Gram) | USD Equivalent* |
|---|---|---|
| South Africa | R3,680 – R3,880 | $194 – $205 |
| Ghana | GHS 1,870 – GHS 2,080 | $132 – $147 |
| Nigeria | ₦365,000 – ₦405,000 | $243 – $270 |
| Kenya | KES 86,000 – KES 94,000 | $648 – $708 |
*USD equivalents based on current exchange rates; subject to daily fluctuation.
Note: South Africa charges 15% VAT on gold bars/jewellery, but Krugerrand coins are VAT-exempt.
These prices apply to small bars, coins, or jewellery sold to individuals—not bulk investment-grade material.
Image: Gold bars and jewellery at a licensed dealer in Accra, Ghana
2. Institutional Gold Price (Global Benchmark)
Professional exporters like Africa Gold Reserve price gold based on:
- The LBMA Gold Price: $2,300 per troy ounce (as of February 19, 2026)
- Fine gold content (90–99.99% purity)
- Export terms (FOB, CIF)
- Compliance documentation (OECD/LBMA-aligned)
This equates to approximately $74 per gram of pure gold—quoted in USD, not local currency—and excludes retail markups.

3. Key Drivers of Today’s Price
- Global markets: Steady demand amid geopolitical tensions and central bank buying
- Currency volatility: Weak local currencies inflate ZAR/GHS/NGN prices even if USD gold is stable
- Supply constraints: Power outages in South Africa and licensing delays in emerging jurisdictions limit liquidity
Only licensed, documented gold can be legally exported and refined internationally.
4. Africa Gold Reserve’s Role
Founded in 2015 and headquartered in South Africa, Africa Gold Reserve operates across Ghana, South Africa, South Sudan, and the United Kingdom. The company sources gold exclusively from:
- Licensed local mines
- Registered small-scale miners
- Government-authorized sellers
All transactions are priced against the LBMA benchmark, with full assay reports, GPS-tagged records, and digital chain-of-custody documentation.
Example trade routes today include:
- Ghana to the United States
- South Sudan to UAE
- South Africa to China
Conclusion
The “Africa gold price today” has two realities:
- Retail: High, VAT-inclusive rates in local currency—suitable for personal use
- Institutional: USD-denominated, LBMA-linked pricing for compliant, high-purity gold
For professional buyers, only the latter matters. Partnering with a disciplined exporter like Africa Gold Reserve ensures access to ethically sourced, transparently priced African gold—free from retail markups and informal market risks.
Website: africa-gold.com
Email: sales@africa-gold.com


