What Is The Best Time To Trade Gold In Uganda

What is Trading?

A trader is a person, firm, or entity in finance who buys and sells financial instruments, such as forex, cryptocurrencies, stocks, bonds,

commodities, derivatives, and mutual funds in the capacity of agent, hedger, arbitrageur, or speculator. 

What Is The Best Time To Trade Gold In Uganda

There are three preferable time slots for investors in Uganda to trade according to seasoned global traders, falling between the hours of 5 am – 12 pm, 12 pm – 7 pm, and 7 pm – 5 am.

How do I get a gold trading license in Uganda?

Application form.

ID proof (Birth Certificate, national Identity card, etc.)

Address proof – (Driver’s license, passbook, utility bill, etc.)

Fee receipt.

Tax Identification Number.

Financial statement.

Business plan.

Any other documents (If required)

Can you export gold from Uganda?

Exports In 2021, Uganda exported $1.99B in Gold, making it the 38th largest exporter of Gold in the world. In the same year,

Gold was the 1st most exported product in Uganda. The main destinations of Gold exports from Uganda are the United Arab Emirates ($1.99B) and South Korea ($233k).

How nig is the Gold industry in Uganda?

In July the Ugandan Government said exploration surveys in the country had revealed vast estimated gold deposits of around 31 million tonnes.

Of the behemoth finds, around 320,158 metric tonnes are refined gold, with an approximate value of $12.8tn.