Gold Price Today in Singapore
Today's Gold Prices in Singapore - All Karats Live
The following are raw gram prices for the gold price in Singapore (before making charges), showing the sell price (what you pay when buying) and the buy price (what you get when selling to a shop).
| Karat | Buy Price | Sell Price | Daily Change |
|---|---|---|---|
| 24k | 186.41 SGD | 189.19 SGD | ▲ 0.68 (+0.36%) |
| 22k | 170.87 SGD | 173.42 SGD | ▲ 0.62 (+0.36%) |
| 18k | 139.81 SGD | 141.89 SGD | ▲ 0.51 (+0.36%) |
| Ounce | 5,798.00 SGD | 5,884.47 SGD | ▲ 21.11 (+0.36%) |
Last updated: 04:35 - 21 August 2026
Gold Performance in Singapore Over Last Year
Gap Between Gold Price in Singapore and the Global Price
The table below shows the difference between the displayed local price and the raw global spot price for the same quantity in USD. This is a different indicator from the shop-level "buy/sell spread," since it compares the local price to the pure global price rather than yesterday's price.
| Karat | Local Price | Global Equivalent | Difference |
|---|---|---|---|
| 24k | 189.19 SGD | 185.48 SGD | +3.71 SGD |
| 22k | 173.42 SGD | 170.02 SGD | +3.40 SGD |
| 18k | 141.89 SGD | 139.11 SGD | +2.78 SGD |
Popular Bullion Bars in Singapore
| Bar | Weight (g) | Price |
|---|---|---|
| 1g Bar | 1 | 192.97 SGD |
| 5g Bar | 5 | 960.14 SGD |
| 10g Bar | 10 | 1,914.60 SGD |
| 50g Bar | 50 | 9,554.10 SGD |
Gold Performance in Singapore - Long Term
Terms Worth Knowing Before You Buy Gold
- What is a troy ounce?
- The troy ounce is the standard global unit used in gold trading on every exchange worldwide, and it equals exactly 31.1035 grams.
- What is the difference between buy and sell price?
- The sell price is what you pay when acquiring gold from a shop, while the buy price is what you receive when selling your jewelry back to the same shop, with the gap representing the dealer's margin.
- What does the karat number mean?
- The karat number indicates the proportion of pure gold in a piece out of 24 parts, so 21k means 21 parts pure gold out of 24, or 87.5% purity.
Market Analysis
Singapore's status as a global financial hub shows up directly in its gold market, with high-purity investment gold exempt from Goods and Services Tax, similar to Switzerland and Hong Kong's competitive policies in this space.
Singapore's jewelry market blends major cultural influences from Chinese, Malay, and Indian communities, creating wide variety in design styles and karat preferences across different communities within the same country.
UOB (United Overseas Bank) ranks among the notable financial institutions offering savings accounts directly linked to gold price movement, a relatively common banking service in the Singaporean market compared to other markets.
Singapore's Chinatown hosts a large number of established traditional jewelry shops, many still preserving classic crafting techniques passed down through generations of Chinese immigrant families.
Frequently Asked Questions
Is gold tax-exempt in Singapore?
Yes, high-purity investment gold is exempt from GST, similar to Switzerland and Hong Kong.
What are gold-linked savings accounts in Singapore?
A banking service offered by institutions like UOB, letting customers save with returns directly tied to gold price movement.
Why is there such variety in Singaporean jewelry design?
Due to the blend of Chinese, Malay, and Indian cultural influences within the same market.