Gold Bars for Sale in Uganda: What to Check Before You Buy from Any Africa Gold Supplier
Do you have gold bars for sale: Buy certified 24K gold bars from licensed gold dealers in Africa. Africa Gold Suppliers offers secure gold exports, competitive prices, and worldwide delivery.
Gold sourced from East Africa has become one of the most heavily targeted spaces for fraud in the precious metals trade, with law enforcement in Kenya and Uganda linking an estimated USD 25 million in losses across 18 cases between 2021 and early 2022 alone, and new cases (including a counterfeit-gold case in Kampala) reported as recently as January 2025.
Any credible gold dealer in Africa should expect that question and answer it up front, not with adjectives, but with paperwork you can check yourself.
This page tells you exactly what Africa Gold Suppliers Limited can show you, and — more importantly — how to verify it independently before you send a single dollar to any Africa gold exporter.
Who We Are, on the Record
- Trading name: Africa Gold Suppliers Limited
- Mineral Dealer’s Licence: MDL20260708
- Registered address: Plot 30, Kampala–Entebbe Road, Kampala, Uganda
- Phone / WhatsApp: +256 742 748550
- Email: africagoldsuppliers@gmail.com
Under Uganda’s Mining and Minerals Act, 2022, it is a criminal offence to buy or sell minerals — including gold — without holding a valid Mineral Dealer’s Licence (MDL). MDLs are issued by the Directorate of Geological Survey and Mines (DGSM) under the Ministry of Energy and Mineral Development, and every MDL expires on 31 December of the year it was issued, so a dealer’s licence status can and does change year to year.
How to Verify Any Licensed Gold Dealer in Africa — Including Us
Don’t take a license number on a website at face value — ours included. Before buying gold bars from any supplier claiming to be a licensed gold dealer in Africa, do this:
- Ask for the licence number and registered company name, and confirm they match exactly.
- Check the Uganda Mining Cadastre eGov Portal’s active Mineral Dealer and Refining Licences list to confirm the licence is current for the present year. (External, official government resource — link below.)
- Cross-check the business address against Uganda’s company registry (Uganda Registration Services Bureau).
- Ask for a certificate of analysis / assay report for any specific gold bar or consignment, issued by an independent, accredited assayer — not the seller.
- Never wire funds to a personal account, only to a verified company account, and be wary of any deal priced significantly below the London Bullion Market Association (LBMA) spot price — that gap is the single most common red flag in African gold scams.
If a supplier resists any of these five checks, that alone is a reason to walk away, regardless of how the rest of their pitch sounds.
Buying Gold Bars: What Actually Determines the Price
Gold bar prices are not set by individual dealers in isolation. They track the international spot price of gold, quoted per ounce or per kilogram and benchmarked in London and New York, and they move with supply and demand, currency values, inflation expectations, and central-bank buying activity.
When you request a quote from any gold supplier in Africa, ask them to show the current LBMA/spot benchmark alongside their quoted price, and treat the difference between the two as your first data point on whether the deal is realistic.
Bar Sizes and What They’re Used For
Gold bars are sold in a range of sizes, from small fractional bars to 1kg and larger bars, and the right size depends on your goals:
- Smaller bars (1g–100g) suit buyers who want flexibility to sell in smaller increments.
- Larger bars (1kg+) typically carry a lower premium over spot price per gram, but require more capital and more careful storage/insurance planning.
Once you take delivery, store bars in an insured facility — a bank safe deposit box, a licensed bullion vault, or a home safe specifically covered by your insurer — and keep your assay documentation with the bars, not separately.
FAQs – Do you have gold bars for sale
Do you have gold bars for sale? Yes. Africa Gold Suppliers Limited deals in gold bars under MDL20260708. We encourage every prospective buyer to verify that licence independently before proceeding, using the steps above.
Can I verify your licence before I pay anything? Yes — and you should. Check the Mining Cadastre’s active licence list (linked below), and feel free to request a scanned copy of the current-year MDL certificate directly from us.
Why is verification emphasized so heavily on this page? Because the market you’re buying into has a well-documented fraud problem. A dealer who makes verification easy is giving you real information; a dealer who only offers reassurance is giving you none. For more detail on how these schemes typically work, see our guide, How to Avoid Gold Scams in Africa.
Next Step
If you’d like a formal quotation, contact us with the quantity and bar size you’re considering:
📞+256 742 748550 ✉️ africagoldsuppliers@gmail.com
We will provide our current-year MDL certificate, a price benchmarked against the live LBMA spot rate, and the assay/certification process for the specific consignment — before any payment is discussed.
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