Uganda Gold: The Discovery That Could Rewrite the Global Mineral Map

Uganda has just dropped a bombshell in the global gold market. They have discovered 31 million metric tons of ore in the Karamoja region and surrounding areas — enough to yield 320 thousand tons of refined gold, valued at over US$ 12 trillion.

To give you an idea of the scale: this is one of the largest gold discoveries in decades. Most of it is concentrated in Karamoja, but there are reserves in the east, center, and west of the country as well.

What changes with this?

Direct economic impact: Uganda emerges from obscurity to become a player in the global gold market. Supply increases, price dynamics change, import-dependent countries breathe a sigh of relief.

Crypto Connection: Meanwhile, the PAXG (gold tokenized) rises by 0.99% and BTC remains resilient at $92,575. The discovery reinforces that alternative and traditional assets are simultaneously at play — and physical gold has never gone out of style, even in the digital age.

Geopolitical Scenario: In a time of tensions (Israel-Iran) and instability of supply chains, discoveries like this reposition economic power balances.

The market is starting to digest: when a rare and finite raw material becomes less rare, everything shifts. Uganda may be at the beginning of an unprecedented economic transformation.