How Gold Jewellery Pricing Works in Singapore (2026 Complete Guide)

Understanding how gold jewellery pricing works in Singapore is essential before making a purchase. In 2026, transparency, gold purity, workmanship costs, and market trends all play a major role in determining the final price. This expert guide explains exactly how gold jewellery prices are calculated — so you can buy with confidence.

1. Live Gold Price Per Gram in Singapore

The foundation of every gold jewellery price starts with the daily gold market rate. In Singapore, gold prices are usually quoted per gram and fluctuate daily based on global demand, currency movements, and economic conditions.

Reputable gold shops update their pricing daily, especially for popular categories such as 916 gold jewellery and 999 gold jewellery. Always check whether the shop uses a live or delayed gold rate.

2. Gold Purity Matters: 916 vs 999 Gold

Gold jewellery pricing differs significantly depending on purity:

• 999 Gold (24K) – 99.9% pure gold, higher price per gram, softer, mainly used for investment and special pieces.
• 916 Gold (22K) – 91.6% pure gold, stronger and more durable, ideal for daily wear jewellery.

Because 999 gold contains more pure gold, it is always priced higher per gram than 916 gold.

3. Weight of the Jewellery (Grams)

Gold jewellery prices are calculated based on weight. This includes the total gold content of the piece, excluding non-gold components where applicable.

Lightweight jewellery has become increasingly popular in Singapore in 2026, offering affordability while maintaining the value and beauty of real gold.

4. Workmanship Fee (WMS)

In addition to gold value, jewellery pricing includes a workmanship fee (WMS). This fee covers:

• Design complexity
• Craftsmanship
• Polishing and finishing
• Brand quality standards

Highly detailed designs, custom pieces, or premium finishes typically have higher workmanship costs.

5. Design, Brand & Craftsmanship Premium

Not all gold jewellery is priced the same, even at the same weight and purity. Factors that affect pricing include:

• Exclusive or limited-edition designs
• Handcrafted versus machine-made jewellery
• Brand reputation and certification

A trusted gold retailer ensures consistency, authenticity, and quality assurance.

6. Taxes, Promotions & Transparent Pricing

Some gold shops include GST in displayed prices, while others list prices before tax. Always confirm whether the final price is GST-inclusive.

Promotions such as absorbed GST, festive discounts, or live-stream specials can significantly impact the final amount you pay.

7. Example: How Gold Jewellery Price Is Calculated

Example:
Gold Type: 916 Gold
Weight: 5.00g
Gold Price: SGD 157/g
Gold Value: SGD 785
Workmanship Fee: SGD 80
Total Price: SGD 865

Why Buy Gold Jewellery from Best Gold Shop Singapore

At Best Gold Shop, we believe in transparent and fair pricing. All our jewellery is crafted from certified 916 and 999 gold, with clearly stated weights, workmanship fees, and up-to-date gold prices.

We offer:

• Daily updated gold pricing
• Authenticity guarantee
• Lightweight and investment-grade gold jewellery
• Fast delivery across Singapore

Looking for real gold jewellery at honest prices?
Explore our collections online or visit our retail store to experience trusted gold buying in Singapore.