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 “Today’s Buyback Rates” above to view the current trade-in
and cash buyback rates published by Best Gold Shop.
Currency
SGD
Price unit
Per Gram
Rate source
Best Gold Shop Price
Gold Edges Higher but Remains on Track for a Weekly Decline
Spot gold was approximately US$4,287.60 per troy ounce at 9:54 PM Singapore time on 25 September, up about 0.3% from the previous close, according to current market data. Using an indicative USD/SGD rate of 1.2790, this equals an estimated S$176.31 per gram before retailer charges.
Despite Friday’s modest recovery, gold was around 2% lower for the week. Reuters reported that a stronger US dollar and expectations that the Federal Reserve will keep interest rates elevated have pressured bullion. Higher Treasury yields also make non-yielding gold relatively less attractive. Oil-related inflation concerns continue to influence expectations for further monetary tightening.
For Singapore gold retailers, the stronger US dollar raises the local-currency cost of imported gold and may offset part of any decline in the international bullion price. Businesses should check both spot gold and USD/SGD before confirming weekend quotations or replenishing inventory.
Prices may change throughout the day and exclude retailer premiums, workmanship charges and spreads.
