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Gold Rate in Singapore Today: 22K & 24K Per Gram

Arthur James Carter Sutton • 2026-08-08 • Reviewed by Maya Thompson

The same gram of 22K gold can cost SGD 161 at one Singapore retailer and SGD 184 at another — the gap between official jeweller rates and third-party trackers is often wider than the daily spot move. This guide compares today’s per-gram rates from Mustafa Centre and Joyalukkas, explains what the purity numbers actually mean, and shows where the best deals really are.

24K gold per gram (SGD): 187.20 (GoodReturns) · 22K gold per gram (SGD): 170.70 (GoodReturns) · 18K gold per gram (SGD): 139.70 (LivePriceOfGold) · 916 gold per gram (SGD): 175.30 (Mustafa official site) · 999 gold per gram (SGD): 190.40 (Mustafa official site)

Quick snapshot

1Confirmed facts
  • Joyalukkas 24KT gold: SGD 176.30/g (Joyalukkas Singapore)
  • Joyalukkas 22KT gold: SGD 161.70/g (Joyalukkas Singapore) (Joyalukkas Singapore)
  • Mustafa 22K‑916 jewellery: SGD 184.60/g (Mustafa official site) (Joyalukkas Singapore)
  • Mustafa 24K‑999 bar (100g): SGD 20,060 (Mustafa official site) (Joyalukkas Singapore)
2What’s unclear
  • Whether GST applies to jewellery purchases by tourists (Singapore Journal)
  • If Mustafa’s listed prices include making charges (Singapore Journal)
  • Discrepancy between tracker sites and official retail boards (Singapore Journal)
  • Joyalukkas’s 24KT rate differs between SGD 176.30 and SGD 185.10 depending on the source page (Singapore Journal)
  • Mustafa’s official site lists both SGD 175.30 and SGD 184.60 for 916 gold per gram (Singapore Journal)
3Timeline signal
  • Spot gold fluctuated between USD 2,350‑2,450/oz in the past 30 days (LivePriceOfGold)
4What’s next
  • Retail rates will track spot moves; check official jeweller sites before buying

Here are the key figures at a glance, each traced to its source.

Key facts at a glance
Metric Value Source
24K gold per gram (GoodReturns) SGD 187.20 GoodReturns
22K gold per gram (GoodReturns) SGD 170.70 GoodReturns
18K gold per gram SGD 139.70 LivePriceOfGold
916 gold per gram (Mustafa) SGD 175.30 Mustafa official site
999 gold per gram (Mustafa) SGD 190.40 Mustafa official site
Last updated Today (dynamic) Multiple sources

How much is 1 gram of gold in Singapore today?

Current 24K gold rate per gram

  • Joyalukkas 24KT: SGD 176.30 (Joyalukkas Singapore)
  • Mustafa 24K‑999 bar: ~SGD 200.60/g (implied from 100g price of SGD 20,060, Mustafa official site)
  • GoodReturns reports 24K at SGD 187.20 (GoodReturns)
  • Singapore Current reported Mustafa 24K at SGD 185.80 (Singapore Current)

The spot price of gold sits around USD 2,400 per ounce, but retail rates include premiums for manufacturing, import duty, and profit margins. The gap between spot and retail can be SGD 20‑30 per gram – something to keep in mind if you’re comparing investment bars versus jewellery.

How to interpret the spot vs retail price

  • Spot price: international benchmark for raw gold (24K) – not available to individual buyers
  • Retail price: what you actually pay at a jeweller – includes premium, GST (exempt for investment‑grade gold), and making charges
  • Singapore exempts GST on 9999 investment bars (Singapore Press)
The upshot

A buyer looking for pure investment bullion should target 24K bars from a retailer that lists a per‑gram price close to the international spot plus a small premium. Jewellery buyers will see higher per-gram rates because of design and workmanship costs.

The takeaway: for pure investment, chase the 24K bar price; for wearable gold, accept the higher per-gram cost as the price of design and craftsmanship.

How much is 1 gram of 22 carat gold in Singapore today?

Current 22K gold rate per gram

  • Joyalukkas 22KT: SGD 161.70 (Joyalukkas Singapore)
  • Mustafa 22K‑916 jewellery: SGD 184.60 (Mustafa official site)
  • GoodReturns reports 22K at SGD 170.70 (GoodReturns)
  • Singapore Report recorded Joyalukkas 22K at SGD 165.50 on 11 July 2026 (Singapore Report)

The spread between Joyalukkas and Mustafa for 22K jewellery is roughly SGD 23 per gram – a significant gap that highlights why comparison shopping matters.

22K vs 24K gold pricing difference

  • 22K contains 91.6% pure gold; 24K is 99.9% pure. The price difference reflects the lower gold content and higher alloy proportion.
  • Typically, 22K jewellery costs 8‑10% less than 24K per gram of the same weight.
Why this matters

In Singapore, 22K (916) is the most common purity for wedding jewellery and daily‑wear pieces. Buyers who understand the per‑gram difference can avoid overpaying for a purity they don’t need.

The pattern: 22K buyers should compare per-gram rates between Joyalukkas and Mustafa before stepping into a store — the gap is wider than most expect.

What is the 916 and 999 gold price today in Singapore?

916 gold (22K) rate

  • Mustafa 22K‑916 jewellery: SGD 184.60/g (Mustafa official site)
  • Joyalukkas 22KT: SGD 161.70/g (Joyalukkas Singapore)
  • Singapore Current reported Mustafa 916 at SGD 171.20/g (Singapore Current)

999 gold (24K) rate

  • Mustafa 24K‑999 bar (100g): SGD 20,060 (~SGD 200.60/g) (Mustafa official site)
  • Joyalukkas 24KT: SGD 176.30/g (Joyalukkas Singapore)
  • Singapore Press reports 24K at SGD 192.94/g (Singapore Press)

Difference in purity and price

  • 999 (24K) is 99.9% pure gold; 916 (22K) is 91.6% pure – the rest is alloy metals for durability.
  • Price difference: 999 commands a premium of roughly SGD 15‑25 per gram over 916, depending on the retailer.

The pattern is clear: 999 is always more expensive per gram, but the premium varies by outlet. At Joyalukkas the gap is SGD 14.60; at Mustafa it’s SGD 16.00 (based on jewellery vs bar pricing).

How much is 100 grams of gold in Singapore?

100g of 24K gold price

  • Based on Joyalukkas 24KT rate (SGD 176.30/g): 100g = SGD 17,630 (Joyalukkas Singapore)
  • Based on Mustafa 24K bar price: SGD 20,060 (Mustafa official site)
  • Using GoodReturns 24K rate (SGD 187.20/g): SGD 18,720 (GoodReturns)

100g of 22K gold price

  • Joyalukkas 22KT (SGD 161.70/g): 100g = SGD 16,170 (Joyalukkas Singapore)
  • Mustafa 22K‑916 jewellery (SGD 184.60/g): 100g = SGD 18,460 (Mustafa official site)
  • GoodReturns 22K (SGD 170.70/g): SGD 17,070 (GoodReturns)
Bottom line: The cost of 100g of gold in Singapore can vary by as much as SGD 2,430 between retailers. For buyers of large quantities, a phone call to compare quotes before purchase is worth more than the call itself.

The implication: for high-volume purchases, the retailer choice matters more than the day’s spot movement.

Is Singapore gold cheap compared to other countries?

Which country has the cheapest gold?

  • Countries with no import duty (e.g., UAE, Hong Kong) often have lower retail premiums (GoodReturns)
  • Singapore does not charge GST on investment‑grade gold (9999), which reduces total cost for serious buyers (Singapore Press)
  • Malaysia and India impose higher duties, making Singapore competitive for tourists (LivePriceOfGold)

Why gold prices vary by country

  • Import duties, local taxes, logistics, and retailer margins all affect the final per‑gram price
  • Even within Singapore, the spread between retailers can be SGD 20+/g – larger than the cross‑country difference for some purities

The implication: Singapore is not inherently cheaper than all neighbours, but its GST exemption on bullion makes it an attractive hub for large‑volume investment purchases.

Five retailers, two purities, one pattern: the difference between official jeweller rates and third-party aggregators often exceeds SGD 20 per gram.

Retail gold price comparison – 24K and 22K per gram (SGD)
Retailer / Source 24K per gram 22K per gram Date
Joyalukkas Singapore 176.30 161.70 Live
Mustafa Centre (jewellery 999/916) 190.40 (999) 184.60 (916) Live
GoodReturns 187.20 170.70 Latest
Singapore Current 185.80 171.20 21 Jun 2026
Singapore Press 192.94 177.90 Jun 2026

Six purity grades, one key distinction: the ratio of gold to alloy determines both price and durability.

Gold purity specifications
Karat Purity (%) Hallmark Common use
24K 99.9% 999 Investment bars, bullion
22K 91.6% 916 Jewellery in Asia
18K 75.0% 750 Fine jewellery worldwide
14K 58.3% 585 Everyday rings, chains
10K 41.7% 417 Affordable jewellery

Confirmed facts

  • Joyalukkas 24KT: SGD 176.30/g (Joyalukkas Singapore)
  • Joyalukkas 22KT: SGD 161.70/g (Joyalukkas Singapore)
  • Mustafa 22K‑916 jewellery: SGD 184.60/g (Mustafa official site)
  • Mustafa 24K‑999 bar (100g): SGD 20,060 (Mustafa official site)

What’s unclear

  • Exact GST treatment on jewellery vs investment bars for tourists (Singapore Journal)
  • Whether Mustafa’s jewellery rates include making charges
  • Why GoodReturns rates diverge from official jeweller boards by SGD 10‑30/g

22K-916 jewellery at Mustafa is SGD 184.60 per gram, while 24K-999 gold bar 100g is priced at SGD 20,060.00.

Mustafa Centre official rate board (Mustafa official site)

24K gold price today in Singapore stands at $187.20 per gram, according to our latest market data.

GoodReturns gold rate page (GoodReturns)

Joyalukkas Singapore offers 24KT gold at SGD 185.10 and 22KT gold at SGD 169.80 per gram.

Joyalukkas Singapore gold rate page (Joyalukkas Singapore)

For a buyer in Singapore trying to decide between retailers, the choice is clear: check the official jeweller site minutes before you walk in, and know the spot price so you can spot an outlier. The difference between the cheapest and most expensive 22K rate we tracked is SGD 22.90 per gram – on a typical 10g bangle, that’s SGD 229 you either save or leave on the counter.

For a detailed breakdown of Mustafa Centre’s 22K gold rate, check the Mustafa Centres 22K gold rate for today’s updated per gram price.

Frequently asked questions

Can I buy 24K gold bars in Singapore without GST?

Yes, investment‑grade gold (9999 purity) is exempt from Goods and Services Tax in Singapore, making it a tax‑free purchase for investors. Jewellery, however, is subject to GST at the standard rate.

What is the difference between 916 and 999 gold?

916 (22K) contains 91.6% pure gold and is commonly used for jewellery; 999 (24K) is 99.9% pure and preferred for bullion and bars. 916 is harder and more scratch‑resistant due to alloy metals.

How often does the gold rate in Singapore change?

Retail rates are typically updated once or twice per business day, though spot‑price movements can cause intraday adjustments. Always check the jeweller’s official site on the day of purchase.

Where is the best place to buy gold in Singapore?

Mustafa Centre and Joyalukkas are two of the most transparent retailers with online rate boards. For investment bars, consider Monetary Authority of Singapore‑approved dealers. Compare rates from at least two sources before buying.

Is it cheaper to buy gold in Singapore or Dubai?

Dubai has no import duty on gold and often offers lower jewellery premiums. However, Singapore’s GST exemption on investment bullion can make it competitive for large bar purchases. Travel costs and personal import rules in your home country also factor in.

How do I check the live gold price in Singapore?

Live prices are available on jeweller websites (Mustafa, Joyalukkas) and on aggregators such as LivePriceOfGold and GoodReturns. Use those sites before visiting a store.



Arthur James Carter Sutton

About the author

Arthur James Carter Sutton

We publish daily fact-based reporting with continuous editorial review.