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Gold Price in Kazakhstan (KZT)

Live 24K · 22K · 21K · 18K · 14K · 12K · 9K per gram

Gold price in Kazakhstani Tenge (KZT) — Kazakhstan

This page tracks the live gold price in Kazakhstani Tenge (KZT) for Kazakhstan, covering 24K, 22K, 21K, 18K, 14K, 12K and 9K per gram. Prices are derived from the global XAU/USD spot rate and converted into KZT using Kazakhstan's parallel-market exchange rate, so they reflect what gold really costs on the street rather than at the official rate.

How the gold price in KZT is calculated

Gold trades globally in US dollars per troy ounce. To express it in Kazakhstani Tenge, we take the live XAU/USD spot price, divide by 31.1035 to get the price per gram, apply the purity factor for each karat, and then convert to KZT using Kazakhstan's parallel exchange rate. Using the parallel rate matters: at the lower official National Bank of Kazakhstan (NBK) rate, the local gold price would look artificially cheap compared with what jewellers actually charge.

Gold karats explained (24K, 22K, 18K and more)

Karat measures purity as parts per 24. Pure 24K gold is 999 fineness; 22K is about 916 (popular for jewellery and coins), 21K is 875, 18K is 750, 14K is 585, 12K is 500 and 9K is 375. The price per gram scales directly with these factors — so 18K gold is roughly three-quarters the price of 24K. We publish all seven tiers so you can value any piece.

To value a piece by the ounce, multiply the per-gram price by 31.1035; for a kilogram bar, multiply by 1,000.

Why gold prices track the parallel market in Kazakhstan

The tenge floats but moves closely with oil and the Russian ruble; exchange offices (obmen) quote a street rate near the official one. When a currency is under pressure, people often move savings into gold, so the local gold price and the parallel dollar rate tend to rise together. Watching gold in KZT is therefore a useful real-terms gauge of how much the Kazakhstani Tenge is losing — or holding — its value.

Frequently asked questions

What is the price of 24K gold per gram in KZT today?

This page shows the live 24K gold price per gram in Kazakhstani Tenge for Kazakhstan, updated regularly. It is derived from the international gold spot price converted into KZT at the parallel-market exchange rate.

How is the gold price in Kazakhstani Tenge calculated?

We start from the global XAU/USD spot price, convert to a per-gram figure (dividing by 31.1035 grams per troy ounce), apply each karat's purity factor, and convert into KZT using Kazakhstan's parallel (black market) exchange rate.

Why is gold more expensive when priced at the parallel rate?

Because the parallel exchange rate values the US dollar higher than the official rate. Since gold is priced in dollars internationally, converting it at the stronger street rate gives a higher — and more realistic — Kazakhstani Tenge price than the official rate would.

What is the difference between 24K, 22K and 18K gold?

The karat number is the share of pure gold out of 24. 24K is essentially pure (999), 22K is about 91.6% (916), and 18K is 75% (750) gold mixed with other metals for durability. Price scales with purity, so 18K is roughly three-quarters the per-gram price of 24K.

How often does the KZT gold price update?

Gold prices in Kazakhstani Tenge on this page refresh regularly through the day as both the global spot price and Kazakhstan's parallel exchange rate move.

Disclaimer: gold prices for Kazakhstan are derived by converting the international XAU/USD spot price into Kazakhstani Tenge at the parallel-market exchange rate and applying standard purity factors. They are indicative, for price-transparency and informational purposes only, and are not an offer to buy or sell gold or a quote from any dealer. Local jewellers add making charges, VAT and margins. Always confirm with a licensed dealer before transacting.