Namibia · NAD · December 2025

Gold Price in NamibiaDecember 2025

In December 2025, the gold price in Namibia closed at approximately N$72,679 per troy ounce, equivalent to N$27,255 per tola or N$2,337 per gram. This represents a +2.55% change on the month (N$70,870 open → N$72,679 close).

+2.55% on the month

Open

N$70,870

per troy ounce

Close

N$72,679

per troy ounce

High

N$75,624

per troy ounce

Low

N$69,783

per troy ounce

All unit prices at December 2025 close — Namibia

UnitWeightClosing NAD price
Troy ounce31.1035 gN$72,679
Gram1.0000 gN$2,337
10 grams10 gN$23,367
Kilogram1,000 gN$2,336,695
Tola11.664 gN$27,255
NAD prices computed from XAU/USD ($4,373.59/oz close) × 2025-end NAD/USD rate (16.6178). Pure metal value only — excludes local taxes and dealer making charges.

Karat-purity breakdown at December 2025 close

KaratPer gramPer tola
24KNAMIBIA STDN$2,334N$27,228
22KN$2,140N$24,966
21KN$2,045N$23,848
18KN$1,753N$20,441
14KN$1,367N$15,944
10KN$974N$11,365

Daily gold price in NADDecember 2025

31 trading days
Loading chart…

December 2025 gold market: A record-shattering year ends near its highs

Bullish

Nearly every bullish driver aligned to close a historic year.

Gold closed 2025 near record highs after a historic year: roughly 53 all-time highs, record investment demand, a strong return of ETF inflows, continued central-bank buying, and — for the first time ever — total gold demand above 5,000 tonnes. By year-end an accommodative Fed, ongoing geopolitical risk, reserve diversification and heavy ETF inflows were all aligned.

2025 will be remembered as one of the strongest years in gold's modern history. The World Gold Council reported around 53 record highs and total demand exceeding 5,000 tonnes for the first time — a milestone driven by record investment demand, the return of Western ETF inflows, and a fifth straight year of central-bank buying above 1,000 tonnes. The year's defining lesson was breadth: where 2022–2024 leaned heavily on central banks, 2025 added ETFs, institutions and resilient Asian physical demand, making the advance unusually broad-based.

What drove gold in December 2025

  • record investment demand
  • strong ETF inflows
  • continued central-bank reserve diversification
  • accommodative Fed and geopolitical risk
Themes#record year#ETF inflows#central-bank demand#5,000 tonnes

What happened next

Gold entered 2026 near record highs with its broad structural drivers still firmly in place.

For gold buyers in Namibia

2025 broke $3,000 and $4,000 and set ~53 records — a historic run that rewarded long-term holders and was underpinned by the broadest demand base in decades.

Key terms this month

All-time high (ATH):
The highest price ever recorded. The World Gold Council reported gold set roughly 53 all-time highs during 2025.

The 2025 gold market: Continued bull market and de-dollarization signals

2025 saw gold continue its bull market with prices reaching new highs above $3,000/oz. BRICS+ expansion (UAE, Iran, Egypt, Ethiopia) accelerated. Central-bank buying remained at record levels. The era of structural gold appreciation continued through the year.

Key drivers in 2025

Continued central-bank buying, BRICS+ settlement infrastructure, USD reserve share declining, AI-era productivity boom

2025 XAU/USD high

Above $3,000

2025 XAU/USD low

$2,580 (approx)

Era context — The modern bull market (2019 to today)

Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.

The Namibia gold market

Namibia retail gold prices are quoted in the local currency per gram for 24K and 22K purities, and per troy ounce for investment-grade bullion. Local rates usually sit above the international XAU/USD spot price after import duties, sales taxes, and jewellery making charges are applied. Use this archive as the international reference price; final retail rates depend on your dealer and the date's exchange rate.

Standard quote unit

gram

Common purity

24K

Currency

NAD (N$)

Daily gold price — December 2025, Namibia

How Namibia gold prices are calculated on this page

Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The NAD/USD exchange rate comes from exchangerate-api.com's 2025 year-end snapshot.

Conversion. Every NAD figure on this page is computed as XAU/USD price × NAD/USD rate. We use the year-end exchange rate consistently across all December 2025 prices on this page.

Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).

What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Namibia, add the country-specific levies described in the “Namibiagold market” section above.

FAQ — Namibia gold price in December 2025

What was the gold price in Namibia in December 2025?

In December 2025, gold in Namibia opened at N$70,870/oz and closed at N$72,679/oz — a move of +2.55% on the month. Per tola: ≈N$27,255; per gram: ≈N$2,337; per 10g: ≈N$23,367.

What was the 24K gold rate per tola in Namibia in December 2025?

The 24K gold rate per tola in Namibia at the December 2025 close was approximately N$27,255, derived from international XAU/USD spot of $4,373.59/oz times the 2025-end NAD/USD exchange rate of 16.6178. This is pure metal value; final retail rates include local taxes and dealer making charges.

What was the 24K gold rate per gram in Namibia in December 2025?

Namibia's most-quoted retail standard is 24K per gram. At the December 2025 close, that worked out to approximately N$2,334 (24K pure-metal value). Add local taxes and making charges for the final retail rate.

How was the local currency price calculated?

NAD prices on this page are computed from the verified international XAU/USD spot price for December 2025 (sourced from gold-api.com), multiplied by the 2025-end NAD/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.

Why does the retail price in shops differ from this number?

The N$ figures here represent the international gold spot price converted to NAD at the 2025-end exchange rate. Namibia's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.

Want today's rate in Namibia? See live gold prices in Namibia with minute-by-minute updates and per-karat breakdowns.

Different month or year? Use the prev / next buttons above, or jump to the full 2025 archive or the USD-only December 2025 page with the country-by-country list at the bottom.

Other markets? Compare December 2025 prices across other major gold-trading countries: South Africa, Botswana, Zambia, Tanzania, Nigeria, Kenya.

Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to NAD at the 2025-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Namibia before transacting.