Helpful information about the gold prices displayed on this page.
Why do gold prices change?
Gold prices can move as international bullion markets, currency
rates, supply and demand, and general market conditions change.
What is the difference between 999, 916 and 750 gold?
999 gold is 99.9% pure gold, 916 gold is 91.6% pure gold and is
commonly used for 22K jewellery, while 750 gold is 75% pure gold
and is commonly known as 18K gold.
Are the prices shown per gram?
Yes. Unless otherwise stated, the selling prices displayed on
this page are shown in Singapore dollars per gram.
How often are the displayed gold prices updated?
Best Gold Shop updates the displayed rates when market conditions
or store pricing changes. Check the last-updated time above for
the latest published update.
Can the final selling price change?
Yes. Gold prices may change without prior notice. The final price
is confirmed when the purchase is completed.
Where can I view trade-in and cash buyback rates?
Select “Published Buyback Rates” above to view the current trade-in
and cash buyback rates published by Best Gold Shop.
Market commentary · 04 November 2026
Gold Rises as Dollar Weakens After US Midterm Elections
Gold advanced in Wednesday’s trading on 4 November as a weaker US dollar supported international bullion demand.
Reuters’ market report, updated at 13:07 GMT, described a gain of around 3% by 12:34 GMT following Democratic gains in the US midterm elections. This was an intraday development rather than a confirmed closing result.
The dollar’s decline made bullion more affordable for buyers using other currencies, while concerns about the US fiscal outlook also supported interest in precious metals. Attention now turns to Friday’s US payrolls report for further evidence about the Federal Reserve’s interest-rate path. Persistent inflation and the possibility of tighter policy remain relevant because higher interest rates increase the opportunity cost of holding gold, which pays no interest.
For Singapore jewellery buyers and retailers, the combination of currency movements and changing policy expectations provides useful context for customer enquiries and inventory discussions. Buyers should confirm purity, workmanship charges and transaction terms directly with their retailer. Retail prices, trade-in rates and buyback rates are set independently by Best Gold Shop and may change without notice.
Currency
SGD
Price unit
Per Gram
Rate source
Best Gold Shop Price
Gold Rises as Dollar Weakens After US Midterm Elections
Gold advanced in Wednesday’s trading on 4 November as a weaker US dollar supported international bullion demand.
Reuters’ market report, updated at 13:07 GMT, described a gain of around 3% by 12:34 GMT following Democratic gains in the US midterm elections. This was an intraday development rather than a confirmed closing result.
The dollar’s decline made bullion more affordable for buyers using other currencies, while concerns about the US fiscal outlook also supported interest in precious metals. Attention now turns to Friday’s US payrolls report for further evidence about the Federal Reserve’s interest-rate path. Persistent inflation and the possibility of tighter policy remain relevant because higher interest rates increase the opportunity cost of holding gold, which pays no interest.
For Singapore jewellery buyers and retailers, the combination of currency movements and changing policy expectations provides useful context for customer enquiries and inventory discussions. Buyers should confirm purity, workmanship charges and transaction terms directly with their retailer. Retail prices, trade-in rates and buyback rates are set independently by Best Gold Shop and may change without notice.
