In Kazakhstan, the jewellery market is currently in a state of high activity as it approaches March 8th (International Women's Day), which is one of the most significant gift-giving holidays in the country.
As of late February 2026, many retailers are launching early spring campaigns to capture the "holiday rush," while the market also reacts to a recent surge in gold prices.
Major Brand & Retailer Offers
Kazakhstanyuvelir (Казахювелир)
The country's largest and oldest national jewellery chain is currently running nationwide "Spring Renewal" promotions.
* Pre-Holiday Sale: In the final week of February, select branches in Almaty and Astana are offering 15% to 30% discounts on gold items from their "National Heritage" collection.
* Exchange Offers: Due to the high price of gold, they are promoting a "Gold Exchange" service, allowing customers to bring in old Soviet-era gold and trade it for modern designs with a reduced making charge.
Altyn Almas (Altinalmas)
* Traditional Focus: While primarily a mining giant, their associated retail outlets are focusing on high-purity 24K gold investment bars (1g to 100g). These are popular right now as a hedge against local currency volatility.
* Bundle Deals: Check their boutiques in Esentai Mall for "Mother & Daughter" jewellery sets, which often see a 10% discount when purchased as a pair.
Swarovski & Pandora (Kazakhstan)
* Pandora: Currently running a "Spring Trio" offer where buying three items results in the lowest-priced item being 50% off. This is a popular option for Women's Day gifting.
* Swarovski: Located in MEGA Alma-Ata and Dostyk Plaza, they are clearing winter "Holiday" stock with markdowns up to 40%, making room for the 2026 "Florere" spring collection.
Current Gold Rates (February 23, 2026)
Gold prices in Kazakhstan are near local record highs. Approximate retail rates per gram in Kazakhstani Tenge (KZT):
* 24K Gold: ~KZT 79,311
* 22K Gold: ~KZT 72,702
* 18K Gold: ~KZT 59,483
* 14K Gold (585): ~KZT 46,265
The "ARU" Jewelry Exhibition (Almaty)
If you are looking for unique, one-of-a-kind offers, the ARU International Jewelry Exhibition typically takes place in Almaty in early spring.
* Exhibitor Deals: Independent designers from Italy, Russia, and Central Asia often offer direct factory pricing during the exhibition days (often 20% lower than boutique prices).
* Location: Usually held at the Atakent Exhibition Center.
Shopping Tips for Kazakhstan
* The 585 Standard: Similar to other post-Soviet states, 14K gold (marked as 585) is the most common standard for everyday jewellery. For higher-end investment pieces, look for the 750 (18K) mark.
* Hallmarking: Kazakhstan has a strict state inspection for precious metals. Ensure every piece has the "Kazakhstan Head" or the state leopard hallmark stamp.
* Bargaining: While prices in malls like Esentai or Khan Shatyr are fixed, you can often negotiate the price of silver and semi-precious stone jewellery at the Green Bazaar (Zelyony Bazar) in Almaty.
* Tax-Free: Kazakhstan has introduced Tax-Free shopping for foreign citizens at selected luxury retailers in Almaty and Astana. You can reclaim up to 12% VAT at the airport.
As of late February 2026, many retailers are launching early spring campaigns to capture the "holiday rush," while the market also reacts to a recent surge in gold prices.
Major Brand & Retailer Offers
Kazakhstanyuvelir (Казахювелир)
The country's largest and oldest national jewellery chain is currently running nationwide "Spring Renewal" promotions.
* Pre-Holiday Sale: In the final week of February, select branches in Almaty and Astana are offering 15% to 30% discounts on gold items from their "National Heritage" collection.
* Exchange Offers: Due to the high price of gold, they are promoting a "Gold Exchange" service, allowing customers to bring in old Soviet-era gold and trade it for modern designs with a reduced making charge.
Altyn Almas (Altinalmas)
* Traditional Focus: While primarily a mining giant, their associated retail outlets are focusing on high-purity 24K gold investment bars (1g to 100g). These are popular right now as a hedge against local currency volatility.
* Bundle Deals: Check their boutiques in Esentai Mall for "Mother & Daughter" jewellery sets, which often see a 10% discount when purchased as a pair.
Swarovski & Pandora (Kazakhstan)
* Pandora: Currently running a "Spring Trio" offer where buying three items results in the lowest-priced item being 50% off. This is a popular option for Women's Day gifting.
* Swarovski: Located in MEGA Alma-Ata and Dostyk Plaza, they are clearing winter "Holiday" stock with markdowns up to 40%, making room for the 2026 "Florere" spring collection.
Current Gold Rates (February 23, 2026)
Gold prices in Kazakhstan are near local record highs. Approximate retail rates per gram in Kazakhstani Tenge (KZT):
* 24K Gold: ~KZT 79,311
* 22K Gold: ~KZT 72,702
* 18K Gold: ~KZT 59,483
* 14K Gold (585): ~KZT 46,265
The "ARU" Jewelry Exhibition (Almaty)
If you are looking for unique, one-of-a-kind offers, the ARU International Jewelry Exhibition typically takes place in Almaty in early spring.
* Exhibitor Deals: Independent designers from Italy, Russia, and Central Asia often offer direct factory pricing during the exhibition days (often 20% lower than boutique prices).
* Location: Usually held at the Atakent Exhibition Center.
Shopping Tips for Kazakhstan
* The 585 Standard: Similar to other post-Soviet states, 14K gold (marked as 585) is the most common standard for everyday jewellery. For higher-end investment pieces, look for the 750 (18K) mark.
* Hallmarking: Kazakhstan has a strict state inspection for precious metals. Ensure every piece has the "Kazakhstan Head" or the state leopard hallmark stamp.
* Bargaining: While prices in malls like Esentai or Khan Shatyr are fixed, you can often negotiate the price of silver and semi-precious stone jewellery at the Green Bazaar (Zelyony Bazar) in Almaty.
* Tax-Free: Kazakhstan has introduced Tax-Free shopping for foreign citizens at selected luxury retailers in Almaty and Astana. You can reclaim up to 12% VAT at the airport.
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