WORLD GOLD · ZAF

Gold in South Africa: price, reserves and trade

Local price in ZAR, central-bank activity, gold imports and exports and macro context — every figure with its source and date.

Gold price in ZAR

Per gram (999.9)ZAR 2,218
Per troy ounceZAR 68,972
USD/ZAR rate16.507
30-day change-2.86%

Computed value (XAU/USD × official rate, 2026-10-16); local premiums and taxes are not included. Details and purity table on the ZAR price page.

Gold value by purity in ZAR

PurityFine gold1 g metal value5 g metal value
999.9 (24 karat)99.99%ZAR 2,217ZAR 11,086
958 (23 karat)95.8%ZAR 2,124ZAR 10,622
916 (22 karat)91.6%ZAR 2,031ZAR 10,156
750 (18 karat)75.0%ZAR 1,663ZAR 8,316
585 (14 karat)58.5%ZAR 1,297ZAR 6,486
375 (9 karat)37.5%ZAR 832ZAR 4,158

Computed bar values in ZAR

1 g · 999.9ZAR 2,218
5 g · 999.9ZAR 11,088
10 g · 999.9ZAR 22,175
20 g · 999.9ZAR 44,350
50 g · 999.9ZAR 110,876
100 g · 999.9ZAR 221,752

This is the contained metal value, not a bank, pawnshop or dealer quote. Buy and sell prices differ because of spreads, condition, fees and local premiums.

Central-bank reserves

This country is not singled out in the current World Gold Council quarterly snapshot.

What the data says

A gram of 999.9 gold in South Africa costs 2,218 ZAR at an official rate of 16.51 per dollar (as of 2026-10-16).

The capital is Pretoria, the World Bank region is Sub-Saharan Africa and the income group is Upper middle income.

UN customs data for 2024 shows imports of 1.1 bn USD under HS code 7108.

Macro context from the World Bank: GDP at $427.2B in 2025; Population at 64.7M in 2025; Trade, % of GDP at 60.9% in 2025.

International gold trade

Imports (2024)$1.1B15.5 t

Source: UN Comtrade public preview, HS code 7108. Annual aggregated data; some values are estimates and reporting may be incomplete.

Macro context

GDP · 2025$427.2B
Population · 202564.7M
Trade, % of GDP · 202560.9%
Inflation, % y/y · 20253.2%

Source: World Bank Indicators.

Frequently asked questions

How much does a gram of gold cost in South Africa?

The computed price of one gram of 999.9 gold is ZAR 2,218 at the official ZAR rate (2026-10-16). Actual bank and dealer prices in South Africa are higher by the local premium, taxes and fees.

Is the central bank of South Africa buying gold?

This country is not singled out in the current World Gold Council quarterly snapshot. The section updates after each quarterly report.

Where does the gold trade data for South Africa come from?

Gold imports and exports come from the UN Comtrade public preview under HS code 7108 (aggregated annual data, may be estimates). Macro indicators come from the World Bank. The full catalogue is on the Sources page.

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