Gold rate today in Kazakhstan

National Bank gold bars

The National Bank of Kazakhstan (NBK) sells minted gold bars to commercial banks and selected exchange offices, which sell them to the public and buy them back the same day; the NBK says this same-day buyback is what keeps the market liquid. Bars come in 5, 10, 20, 50 and 100 g. At today's international price, the gold in a 10 g bar of pure gold is worth about 583,441 KZT, before the seller's margin; 1 g of 24k is about 58,344 KZT.

How many bars people bought

In 2025 the NBK sold 27,807 bars (889.5 kg) to banks and exchange offices, and they sold 40,799 bars (about 1.1 tonnes) to the public, counting bars that were bought back and sold again. Since the start, about 263,479 bars (about 9 tonnes) have been sold. The 10 g bar was the most popular in 2025 (26% of sales), followed by 5 g (22%), 100 g (20%), 20 g (19%) and 50 g (13%).

Almaty buys most of the bars

Most bars sell in the biggest city: in 2025, 74% of the bars sold to the public (20,526) were sold in Almaty, 6% (1,650) in Astana and 4% (1,099) in Shymkent (NBK).

VAT: investment gold exempt

Kazakhstan's VAT is 16% on goods, services and imports, and from 1 January 2026 imports from the Eurasian Economic Union pay it too, unless exempt. Operations with investment gold are on the VAT exemption list (PwC). We could not confirm how jewellery is treated, so ask whether a price includes VAT.

What moves the tenge gold price

The tenge price of gold is the dollar price times USD/KZT. When the tenge weakens, the local gold price rises even if gold is flat in dollars, so check both numbers on this page. See what moves gold prices.

Rules for gold traders in Kazakhstan

Inside the Astana International Financial Centre, firms are supervised by its regulator, the AFSA, which has issued guidance on minimum margin for retail clients in derivatives. Outside it, check the legal position and any platform's licence before you trade.

Our country guides explain how to check a firm before you open an account.

Trading hours in Kazakhstan time

The international gold market trades almost around the clock, from Monday morning in Asia to Friday evening in New York. The busiest window, the London–New York overlap, falls today at about 18:00–22:00 Kazakhstan time. That is when US data such as payrolls and inflation is released and the price usually moves most. Kazakhstan is on UTC+5 all year, so the overlap falls in the evening. The gold market hours tool shows every session in your own time zone.

How this KZT gold price is calculated

Three numbers decide everything on this page. First, the international gold price in US dollars per troy ounce: $4,042.7 at the last update. Second, the exchange rate: 1 USD = 448.88 KZT. Third, the weight: one troy ounce is 31.1035 grams, and one tola is 11.6638 grams.

1. Price per gram in USD = $4,042.7 ÷ 31.1035 = $129.98.
2. Price per gram in KZT = $129.98 × 448.88 = 58,344 KZT (24k, pure gold).
3. Price per 10 grams = 58,344 × 10 = 583,441 KZT.
4. For a lower purity, multiply by the fineness: 18k = 0.75, 14k = 0.585.

The gold price is the spot price of gold (XAUUSD) from a public real-time feed, refreshed every few seconds while the page is open; the 7-day table and the 30-session chart use COMEX gold futures closes, which usually sit a few dollars above spot. The exchange rate is a mid-market rate; the rate your bank or money changer gives you will be slightly different. If you want to do the maths yourself, our guide to converting the gold price per gram, tola and kilo walks through every step with worked examples.

What this price does not include

The figures above are the international spot price converted into local currency. They are the starting point for every retail price in Kazakhstan, but they are not the price you will pay or receive at a shop. The shop price adds some or all of these on top:

• Import duty or customs charges, where gold or jewellery is imported.
• Sales tax or VAT, where the country charges one. Many countries tax jewellery but not investment bars; the sections above say what applies here.
• Dealer premium: the margin a bullion dealer or bank adds to the spot price for bars and coins, usually larger on small pieces.
• Making charges (labour) on jewellery, often a percentage of the gold value or a fixed amount per gram.
• Local supply and demand, which can push the physical price to a premium or a discount against the international price for weeks at a time.

When you sell, the buyer usually quotes below the spot-based number and deducts for purity testing, wear and sometimes stones. The gap between the buying and the selling price is the real cost of owning physical gold, and it varies a lot between shops, so it is worth asking several.

Frequently asked questions