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Gold Market Outlook 2026: African Supply Trends

04 Jun 2026 - Sarah Muthoni Market Insights
Analysis of gold prices, African production growth, and why East Africa is becoming a key player in global markets.
Gold Market Outlook 2026: African Supply Trends

Central banks are buying gold at record rates. Here's what it means for African producers.

Global Demand for African Gold

Central banks worldwide increased gold reserves by 15% in 2025, with African sources gaining preference for ethical sourcing.

East African Production Boom

Kenya, Tanzania, and Uganda are seeing exploration investments increase by 40% year-over-year.

Price Outlook

Analysts predict gold to hold above $2,200/oz through 2026, driven by geopolitical uncertainty and dollar diversification.

Kanyagot's Position

With our expanded sourcing network across East Africa, we're positioned to meet growing demand for ethically-sourced, high-purity gold.