WHO WE ARE

Delivery authentic purity of Gold.

We have been involved in selling row gold from various sources of the country and our most recent huge transactions with important organisations that not only extract minerals but also help to uprift communities and develope the infrusucture in moroto town.Founded in 2014, our one-stop Association Agency aims to help our clients to thrive and het authentic gold purity in changing omni-channel world and leverage their unique strengths to build successful jewerly shops and businesses.We’re here to make your life easier by talking to the informal miners inorder to use good methods of minning so as to deliver high levels of purity— talk to us about how we can help.

Get in Touch

Home: About

GOLD 2.png

LOW GOLD FROM RUPA MINES

RUPA 2.jpg

GOLD 2.png

LET UGANDA GOLD MINERS ASSOCCIATION GROW YOUR BUSINESS

An interrectual and trusted source of row GOLD.

Uganda gold miners assocciation is a strategic Marketing Agency based in moroto in karamoja(uganda). Since 2007, we’ve dedicated our time to understanding what works and what doesn’t when it comes to selling gold and exporting of minerals and innovation — so you don’t have to struggle finding the right people to sell row gold metals to you.
our association has more than 2000 people that use mining as there sole source of living.
We sell from afew grams to 100kg.

Talk to Us

Home: Gold in Uganda

WHAT WE DO

Inspire and Engage

GOLD TESTING

our gold is first tested

we encourage to test the gold to check the purity before exportation,our gold is tested and afinal essay report is givenshowing thw purity,percentage and by doing so low gold purity is not acceptable.

below 55%

Get in Touch

WOMEN EMPOWERMENT

more than 200 families benefit

Every gram of gold bought is another mile stone your potential customers pass you by with our outstanding assortment systems. We work together to merge our creative visions to come up with something really spectacular.
Anumber of women work tirelesly to boast the quality of gold.

Get in Touch

WE SELL GOLD

We Do It Right

OUR approach towards gold transactions helps a customer find the the right authentic gold shipped to his area of preference at any time of his convience.
to avoid poor communications,we recommend that our clients in over seas use our whatsapp number to effectively talk to us 24 hours
+256789391599.

Find Out More

Does it sound like we’d be a good fit? We’d love to hear from you. Contact us and let’s get started.

Get in Touch

Home: Work

Home: Product Gallery

Dec 22, 2019
1 min

Gold miners in Uganda distance them selves from crypto currency fraud.

Dec 10, 2019
1 min

Gold prices for Discount

Dec 9, 2019
1 min

Procedures for buying gold in Uganda. (A must follow)

Home: Blog Post Gallery

I'm a product

Home: Featured Product

IN THE NEWS

EUROPEAN UNION vists gold mines.

The embassy of Europe in Uganda together with EUROPEAN super powers have dedicated some time and money to vist and donate to the people of rupa gold mines sighting that they are under paid.

According to the new reports, child labour and women are abused whilea as,

Typically male, miners use rudimentary tools to dig holes reaching up to 10 m underground. The miners then spend up to ten hours a day digging earth from tunnels. The earth is then passed to the surface in homemade containers where it is washed and sieved.

Gold extracted at Rupa is bought on-site by dealers from other regions of Uganda and neighbouring Kenya. It is then transferred to either Uganda’s capital, Kampala, or Nairobi, the Kenyan capital, for resale. In early April 2011, the local price paid for 0.1 grams of gold was around 7000 Ugandan shillings, equivalent to around 2.5 US dollars. Generally, miners say that they extract between 0.05 and 0.1 grams (known locally as a “point”) each day.

This local price level was barely half the price level on international commodity markets. In early April 2011, gold was trading at $1,476 per troy ounce, equivalent to $47.45 per gram, or $4.75 per point.

Check it Out

Home: In the News

BUYING GOLD IN UGANDA

January 12, 2023

Gold savings schemes
Gold or jewellery savings schemes come in two forms. A typical one allows you to deposit a fixed amount every month for the chosen tenure. When the term ends, you can buy gold (from the same jeweller) at a value that is equivalent to the total money deposited, including a bonus amount. This conversion is done at the gold price prevailing on maturity. In most cases, the jeweller adds a month's instalment at the end of the tenure as a cash incentive or may even offer a gift item.

PAPER GOLD
Gold exchange traded funds (ETF)
An alternate way of owning paper gold in a more cost-effective manner is through gold exchange traded funds (Gold ETF). Such investments (buying and selling) happens on a stock exchange (NSE or BSE) with gold as the underlying asset. What's more, the high initial buying and even selling charges that go into owning jewellery, bars or coins gives an extra edge to the low-cost gold ETF. The transparency in pricing is another advantage. The price at which it is bought is probably the closest to the actual price of gold and therefore the benchmark is the physical gold price.

What you need is a trading account with a stock broker and a demat account. One may either buy in lump sum or even at regular intervals through systematic investment plans (SIP). You may even buy 1 gram of gold.

Even though there are no entry or exit charges there are three costs that come with gold ETFs. One is the expense ratio (for managing the fund) which is generally low compared to other mutual funds and is around 1 percent. Second, is the broker cost that needs to be accounted for every time you buy or sell gold ETF units. Third, which technically is not a charge but impact returns is the tracking error. It arises because of the fund's expenses and cash holdings thus not mirroring actual gold price.

Sovereign Gold Bonds (SGB)
Sovereign Gold Bond is another way of owning paper gold. They are issued by the government but availability is not 'on-tap basis'. Instead, the government will intermittently open a window for the fresh sale of SGBs to investors. This could typically happen every 2-3 months and the window will remain open for about a week. For investors looking to purchase SGBs anytime in between the only way out is to buy earlier issues (at market value) which are listed in the secondary market.

Click here to know 7 watchouts before you fit in sovereign gold bonds in your financial plan

Digital gold
You can now purchase gold coins, bars and jewellery online. 'Digital Gold', is offered on the mobile wallet platform of Paytm and 'GoldRush' is offered by the Stock Holding Corporation of India on their website, while Motilal Oswal has launched Me-Gold, a digital gold online investment. All of these are offered in association with MMTC - PAMP, (a joint venture between public sector MMTC and Switzerland's PAMP SA)

To know more about these two digital gold options, click here and here.

Making a choice
The initial cost of owning physical gold in the form of bars or coins is anywhere around 10 percent and it is even higher for jewellery. SGB and Gold ETF, both paper-gold, are cost effective as there is no entry cost in SGB while costing for gold ETF could be around 1 percent.

SGB should benefit those who want to invest in gold for a longer period as its maturity is after 8 years, although the lock-in ends from the fifth year. However, gold ETF provides much better liquidity than SGB. Owing units is much easier than SGB as it's entirely online in case of ETFs. The risk of owning, holding also doesn't exist in both.

The big difference is on the taxation front. Gains in SGB on redemption are tax-exempt but gains in Gold ETFs after 3 years are subject to 20 percent tax post indexation.

The only disadvantage with gold ETFs is that its units won't be earn the additional interest of 2.5 per cent per annum like you would get for SGBs.

Get clarity as to why you need to invest in gold - is it for marriage purpose or for pure investment. For investments, one should not have more than 10 percent of the total portfolio in gold. Choose between Gold ETFs or SGBs depending on how comfortable you are managing investments online and keep the worries of purity, security aside.
PEOPLE'S OPINIONREAD COMMENTS POST COMMENTSHARE THIS ARTICLEREAD MORE ON

CHILD LABOUR, NOT ALLOWED IN MINING GOLD.

November 12, 2019

Child labour in gold mining

Gold mining is extremely dangerous work for children. Yet still today, tens of thousands are found in the small-scale gold mines of Africa, Asia and South America. Children work both above and under ground. In the tunnels and mineshafts they risk death from explosions, rock falls, and tunnel collapse. They breathe air filled with dust and sometimes toxic gases. Above ground, children dig, crush, mill, and haul ore – often in the hot sun. Some stand for hours in water, digging sand or silt from

PEPSI TO COMBAT FLOODS, MINING NEW HOPE.

December 12, 2019

Evidence of the increasing effects of climate change is building, as are the investing opportunities and changes in consumer habits linked to environmental concerns and resource use. Here are select dispatches about the companies responding to customer demands and climate risk, the ESG investors and their advisers, and the policy-makers, enterprising individuals and scientists preparing for tomorrow.

Calling out the world’s plastic polluters. BreakFreeFromPlastic, a three-year-old organization of some 1,800 members working to tackle plastic pollution has called in the volunteers that tally top plastic polluters by brand, and the amount of refuse clogging .

UGANDA GOLD MINERS ASSOCIATION GUIDELINES

December 15, 2019

HOW TO BUY GOLD IN UGANDA

- Prospective buyers with interest to buy our product, foreigner or local buyer is required to come to our Head Offices in Uganda Kampala on the address described in our contact section to meet and negotiate with the seller.

- The buyer is free to test the gold using their own testing equipments either our own in-house quality testing equipments to know the purity of gold they intend to buy.

- Seller and buyer negotiate costs and
  
  logistic matters on how the buyer would prefer to transport the product from Uganda to his or her destination upon agreeing with each other contracts signed process of delivering the product to the buyer’s final destination starts with clear detailed paperwork.

- In case of a busy buyer especially foreign clients who may not find time to visit us here in Uganda, may send representatives to come meet us view, verify and test the product with their own testing tools if they wish or facilitate our Agent with the required fee to deliver a trial shipment to their destination on our behalf to test and know the purity of our product and also to finalise discussions related to purchasing gold from Monson Global Company Limited.
- Payment of our product is done after we have delivered the product to the buyer’s final destination and after assay in their reputable refinery. This ensures a trustworthy relationship between seller and buyer.

CONNECT WITH US

Want to work with us? We’d love to hear from you.

moroto town rupa

stepaheadug@gmail.com

+256789391599

456-789-1234

Home: Contact

Home: Instagram