Singapore Gold Calculator: Gold Price Per Gram and Tael in SGD
Local gold reference
Singapore gold price and SGD conversion at a glance
Singapore gold prices are commonly compared in Singapore dollars (SGD) per gram or tael. This calculator estimates the spot-based metal value so you can compare bullion premiums, workmanship, and retailer pricing more clearly.
- Grams and tael are useful local references for comparing jewelry and bullion quotes.
- 24K and 22K are common purity references, while 18K appears in many modern jewelry designs.
- Investment precious metals and jewelry can have different tax and premium treatment, so check the product category.
91.6% pure gold. The South Asian & Gulf jewelry standard. Rich warm color with good durability.
Fetching live spot price…
Estimated Gold Value
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Value per Gram
$0.00
Value per 10g
$0.00
Value per Tola
$0.00
Value per Vori
$0.00
Value per Troy Oz
$0.00
Transparent method
How this Singapore gold estimate works
The calculator converts an international spot reference into Singapore currency, adjusts it for your item’s weight and purity, and shows the estimated metal value before retail charges.
- 1. Local rateSpot price is converted into the selected local currency and weight unit.
- 2. Pure goldWeight is multiplied by the purity factor for the selected karat or fineness.
- 3. Real-world quoteMaking charges, tax, design premiums, and buyer deductions are kept separate.
Formula: estimated metal value = weight × purity factor × live price per gram of fine gold
About Gold in Singapore
Local Gold Weight Units
Singapore uses grams as the primary unit. Tael (37.429g) is used in traditional Chinese gold shops in areas like Chinatown.
Gram
1.000g
Standard unit
Tael
37.429g
Traditional Chinese unit
Troy Ounce
31.103g
International standard
Common Gold Purity
999 (24K) and 916 (22K) are the most popular purities in Singapore. The PAMP gold bar and Sovereign gold coins are popular investment choices.
Singapore: Asia's Premier Gold Trading Hub
Singapore has strategically positioned itself as Asia's premier gold trading hub through favorable tax policies, world-class infrastructure, and regulatory excellence. The city-state is now a major center for gold trading, storage, and transit between East and West Asian markets.
The GST exemption on investment-grade gold (introduced in 2012) was the catalyst that transformed Singapore from a minor player into a major hub. Bars and coins with 99.5%+ purity are completely tax-free for residents, tourists, and institutional investors alike.
Key infrastructure: The Singapore Exchange (SGX) offers gold futures for institutional hedging. The Singapore Freeport and Le Freeport provide ultra-secure, tax-efficient vaulting for family offices and high-net-worth investors. The Monetary Authority of Singapore (MAS) regulates bullion dealers to high standards.
Singapore's Gold Tax: 0% on Bullion, 9% GST on Jewelry
Singapore's tax policy creates clear incentives for different types of gold buyers:
0% GST: Investment Gold
Bars, coins 99.5%+ pure. Tax-free for everyone. Singapore's main competitive advantage.
9% GST: Jewelry
All gold jewelry. Tourists can claim refunds via the Tourist Refund Scheme (TRS) at Changi Airport.
Tourists spending SGD 100+ at TRS-participating shops can claim GST refunds at eTRS kiosks before departure. The refund is processed to credit card (2-4 weeks) or cash (immediate, minus a small fee).
Best Places to Buy Gold in Singapore
Chinatown (People's Park Complex, South Bridge Road): Traditional Chinese gold shops offering 916 and 999 gold with competitive pricing. Tael units (37.429g) are still used in heritage shops.
Mustafa Centre (Little India): Famous 24-hour gold shopping with a wide range of purities and designs. Open all day, every day - unique to Singapore.
CBD Bullion Dealers: BullionStar (Asia's largest online bullion dealer with showroom), Silver Bullion, and UOB Bank gold counters for investment-grade bars and coins.
Major Malls: Poh Kong, SK Jewellery, and Lee Hwa dominate the mid-market with 916 gold wedding jewelry. Fixed pricing and buyback guarantees.
Singapore Freeport (Changi): Ultra-secure vaulting for high-net-worth investors storing large quantities tax-efficiently.
999 vs 916: Singapore's Two Gold Standards
Singapore's market is unique in having two dominant purities, each with a distinct role:
| Standard | Purity | Primary Use | Tax Status |
|---|---|---|---|
| 999 (24K) | 99.9% | Investment bars, PAMP coins | GST-exempt |
| 916 (22K) | 91.6% | Wedding jewelry across all communities | 9% GST (refundable for tourists) |
Popular 999 products include PAMP Suisse bars, Canadian Maple Leafs, and the American Gold Eagle. 916 is the standard for wedding jewelry among Chinese, Malay, and Indian Singaporean communities. 18K (750) appears in high-end boutiques with diamond settings.
Local comparison guide
What to compare in the Singapore gold market
Singapore gold shoppers may see gram, troy-ounce, or tael references depending on the product. The same weight, purity, and product type should be used when comparing stores.
Before comparing a quote
- Convert tael or troy-ounce quotes to grams when needed.
- Confirm whether the item is bullion or jewelry before comparing premiums.
- Ask the retailer to separate gold value, workmanship, and applicable taxes.
Useful questions to ask
- Is the quoted rate for fine gold or a finished jewelry item?
- What fees apply when selling or exchanging the item?
Local Gold Market FAQs
Next tools and local guides
This is an estimate based on spot price. Actual buyer offers may vary based on market, fees, condition, purity verification, and dealer margin. Not financial advice, tax advice, religious advice, or an official offer to buy or sell precious metals. Always verify with a qualified professional before making important decisions.