Gold rate today in Almaty

Almaty gold rate at a glance

Converted at today's rates, pure 24k gold costs about 58,344 KZT per gram in Almaty, and 22k about 53,484 KZT. Per 10 grams, a common size for small bars and rate boards, that is about 583,441 KZT for 24k. These are spot-based figures, before any tax, premium or making charge.

Almaty and the National Bank's gold bars

Almaty is where most of Kazakhstan's National Bank gold bars are bought. In 2025, 20,526 bars, 74% of all the bars sold to the public, were sold in Almaty city.

The bars, of 5 to 100 g, are sold through commercial banks and selected exchange offices, which also buy them back the same day; the 10 g bar was the most popular size in 2025.

What moves the gold price in Almaty

The Kazakhstani tenge gold price is simply the dollar price of gold multiplied by the exchange rate. Today that means about $4,042.7 per ounce times 448.88 KZT per dollar. The tenge gold price is the dollar price times USD/KZT, so a weaker tenge lifts the local price.

The dollar price itself responds to US interest-rate expectations, the strength of the dollar, inflation data, central-bank buying and geopolitical risk. Our guide to what moves gold prices covers each in turn.

Premiums, making charges and tax in Almaty

The shelf price in Almaty is higher than the converted figure above. A shop adds VAT where it applies (16%; investment gold is exempt), making charges and the seller's margin. On jewellery a making charge comes on top, so two pieces of the same weight and purity can carry very different prices. We found no official karat or hallmark rule for jewellery; National Bank bars are sold by weight, 5 to 100 g.

Gold market hours in Almaty

The international gold market trades almost around the clock on weekdays. In Almaty the London–New York overlap, usually the busiest and most volatile part of the day, runs today from about 18:00–22:00 local time. The two LBMA Gold Price auctions in London, at 10:30 and 15:00 London time, fall at 15:30 and 20:00 in Almaty, and major US data released at 08:30 New York time, such as payrolls and inflation, lands at 18:30 local time. The week's trading closes at 03:00 on Saturday and reopens at 04:00 on Monday, Almaty time; over the weekend the price on this page is the last close. We found no local gold exchange; the National Bank sells minted bars through banks and exchange offices, which buy them back the same day. Our gold market hours tool shows the sessions in any time zone.

Almaty compared with Istanbul

Shoppers often ask how Istanbul stacks up. On the converted spot price neither city is cheaper: Istanbul quotes about 6,525 TRY per gram of 24k, which is the same $129.98 per gram as Almaty's 58,344 KZT. What differs is what each market adds. In Almaty that is VAT where it applies (16%; investment gold is exempt), making charges and the seller's margin; in Istanbul it is VAT on the part of the price above the gold value (bullion is VAT-exempt), workmanship (iscilik) on jewellery and the jeweller's margin. Buying abroad also means paying an exchange margin and checking the customs allowance at home.

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: 22k = 0.9167, 21k = 0.875, 18k = 0.75.

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 Almaty, 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