Bullish (4,100 - 4,350 USD)
More forecast info ⬇
Gold Ounce
4,174.83
H:4,186.26 | L:4,147.19
Gram 24
134.24
H:134.61 | L:133.35
Gram 22
123.05
H:123.39 | L:122.24
Gram 21
117.46
H:117.78 | L:116.68
Silver Ounce
57.75
H:57.92 | L:57.05
Silver Kg
1,857.01
H:1,862.51 | L:1,834.37

Gold Price Today in South Africa

Friday, 16 October 2026, 4:36 AM

Live
68,716.73 South African Rand/Ounce
2,209.54 South African Rand/Gram 24K
1,657.16 South African Rand/Gram 18K
828.58 South African Rand/Gram 9K

Gold ounce price in South Africa is 68,716.73 South African Rand per ounce, Gold gram price is 2,209.54 South African Rand per gram karat 24, 2,025.41 South African Rand per gram karat 22, 1,933.35 South African Rand per gram karat 21, 1,657.16 South African Rand per gram karat 18.

Today, gold price increased by 94.30 South African Rand per Ounce (+0.14%) compared to yesterday. In the past year, gold fell by 7.64%. Over five years, gold more than doubled (+166.0%). Over the decade, gold prices nearly tripled.

💬 Market Interpretation

gold shows a Bearish momentum overall, trading at 68,648.32 South African Rand per Ounce.
Recent declines may attract long-term investors looking for entry opportunities.

See Also: Silver Price in South Africa

Gold Price in South Africa in South African Rand

Gold Unit South African Rand U.S. Dollar
Gold Ounce 68,716.73 4,177.69
Gold Gram Karat 24K 2,209.54 134.33
Gold Gram Karat 23K 2,132.21 129.63
Gold Gram Karat 22K 2,023.94 123.05
Gold Gram Karat 21K 1,933.35 117.54
Gold Gram Karat 18K 1,657.16 100.75
Gold Gram Karat 14K 1,292.58 78.58
Gold Gram Karat 12K 1,104.77 67.17
Gold Gram Karat 10K 921.38 56.02
Gold Gram Karat 9K 828.58 50.37
Gold Gram Karat 8K 735.78 44.73

Gold Price Forecast in South Africa

Bullish (4,100 - 4,350 USD)
  • Date: Friday, 16 October 2026, 12:00 AM
  • The forecast: Bullish, The gold price in South Africa is expected to rise in the next 30 days.
  • The forecasted price: 67440 - 71550 South African Rand.
  • The forecasted price in USD: 4,100 - 4,350 USD.
  • The analysis: Gold's astonishing price of $4155.94/oz signals deep market concerns, primarily driven by persistent inflation and implied geopolitical risks. Despite high US Treasury yields and a moderately strong US Dollar, the precious metal maintains its allure as a critical inflation hedge. This complex interplay suggests that real returns on traditional assets are perceived as negative, pushing retail and institutional investors towards gold for capital preservation. Understanding these dynamics is crucial for investors assessing gold's role in their portfolios.
  • Key drivers: Persistent Inflationary Pressures (High CPI), Negative Real Yields Despite High Nominal Rates, Implied Geopolitical Uncertainty and Safe-Haven Demand.

Disclaimer: The gold price forecast is based on historical data and market trends. It is not a guarantee of future performance.

Daily Gold Price Indicators in South Africa

Today
Bid Price 68,713.30 ZAR
Ask Price 68,720.17 ZAR
High Price 69,159.53 ZAR
Low Price 68,104.32 ZAR
Open Price 68,622.43 ZAR
Close Price 68,723.30 ZAR
Change 94.30 ZAR
Change % 0.14%
Previous Year
1 Month High 71,358.77 ZAR
1 Month Low 67,753.93 ZAR
6 Months High 78,822.22 ZAR
6 Months Low 64,369.28 ZAR
1 Year High 85,726.37 ZAR
1 Year Low 64,369.28 ZAR

Gold Price Chart in South Africa

Price of Gold Bullion in South Africa in South African Rand

  • The price of gold bullion 1 Gram in South Africa: 2,209.54 South African Rand
  • The price of gold bullion 5 Grams in South Africa: 11,047.71 South African Rand
  • The price of gold bullion 10 Grams in South Africa: 22,095.41 South African Rand
  • The price of gold bullion 20 Grams in South Africa: 44,190.83 South African Rand
  • The price of gold bullion 1 Ounce (31.1 Grams) in South Africa: 68,716.73 South African Rand
  • The price of gold bullion 50 Grams in South Africa: 110,477.06 South African Rand
  • The price of gold bullion 100 Grams in South Africa: 220,954.13 South African Rand
  • The price of gold bullion 10 Tolas (116.65 Grams) in South Africa: 257,742.99 South African Rand
  • The price of gold bullion 250 Grams (1/4 Kilo) in South Africa: 552,385.32 South African Rand
  • The price of gold bullion 500 Grams (1/2 Kilo) in South Africa: 1,104,770.64 South African Rand
  • The price of gold bullion 1000 Grams (1 Kilo) in South Africa: 2,209,541.29 South African Rand

Gold price in South Africa in October 2026 in South African Rand

Date Gold Ounce Gold Gram 24K Gold Gram 18K Gold Gram 9K
16 October 2026 68,587.21 2,205.08 1,653.81 826.90
15 October 2026 68,494.07 2,202.08 1,651.56 825.78
14 October 2026 67,841.53 2,181.11 1,635.83 817.91
13 October 2026 68,481.48 2,201.68 1,651.26 825.63
12 October 2026 68,932.88 2,216.19 1,662.14 831.07
11 October 2026 69,495.80 2,234.29 1,675.72 837.86
10 October 2026 69,411.97 2,231.59 1,673.70 836.85
9 October 2026 69,427.71 2,232.10 1,674.08 837.04
8 October 2026 68,579.60 2,204.83 1,653.63 826.81
7 October 2026 68,342.10 2,197.20 1,647.90 823.95
6 October 2026 68,873.28 2,214.28 1,660.71 830.35
5 October 2026 68,827.88 2,212.82 1,659.61 829.81
4 October 2026 68,822.73 2,212.65 1,659.49 829.74
3 October 2026 68,822.73 2,212.65 1,659.49 829.74
2 October 2026 68,874.38 2,214.31 1,660.73 830.37
1 October 2026 69,654.21 2,239.38 1,679.54 839.77
30 September 2026 68,126.81 2,190.28 1,642.71 821.35
29 September 2026 68,307.00 2,196.07 1,647.05 823.53
28 September 2026 67,753.93 2,178.29 1,633.72 816.86
27 September 2026 69,975.30 2,249.71 1,687.28 843.64
26 September 2026 69,975.30 2,249.71 1,687.28 843.64
25 September 2026 70,045.67 2,251.97 1,688.98 844.49
24 September 2026 70,292.28 2,259.90 1,694.92 847.46
23 September 2026 70,169.91 2,255.96 1,691.97 845.99
22 September 2026 70,435.83 2,264.51 1,698.38 849.19
21 September 2026 70,676.48 2,272.25 1,704.19 852.09
20 September 2026 71,358.77 2,294.18 1,720.64 860.32
19 September 2026 71,358.77 2,294.18 1,720.64 860.32
18 September 2026 71,318.43 2,292.89 1,719.67 859.83
17 September 2026 71,038.03 2,283.87 1,712.90 856.45

Gold Performance in South African Rand

Period Date Rate ZAR/Ounce Change Change %
1 Day 2026-10-16 68,716.73 +94.30 +0.14%
1 Week 2026-10-09 69,427.71 -779.39 -1.12%
30 Days 2026-09-16 70,978.63 -2,330.32 -3.28%
6 Months 2026-04-16 78,628.32 -9,980.00 -12.69%
1 Year 2025-10-16 74,328.37 -5,680.05 -7.64%
5 Years 2021-10-16 25,805.12 +42,843.19 +166.03%
10 Years 2016-10-16 17,857.93 +50,790.38 +284.41%