1 Gram Gold Price Singapore Today – 22K, 24K & 916 Rates

If you’ve ever stood in front of a Mustafa Centre gold counter and wondered how those bold numbers on the board are set, you’re not alone. Today, 1 gram of 24K gold in Singapore trades at S$183.20, while 22K (916) jewellery sits at about S$167.00 per gram.

24K Gold Price (per gram): S$183.20 ·
22K Gold Price (per gram): S$167.00 ·
916 Gold Price (per gram): S$226.00 ·
999 Gold Price (per gram): S$241.00

Five data points, one pattern: Singapore’s gold market offers a wide spread between bullion bars and jewellery rates, with 916 (22K) jewellery commanding a premium over raw 24K bars.

How much is 1g of gold today?

24K gold price per gram

Today, the 24K (999) gold price in Singapore is S$183.20 per gram, according to Goodreturns. This rate reflects the spot price for investment-grade gold bars, not jewellery with added making charges.

22K gold price per gram

For 22K purity (91.6% gold), the current rate stands at S$167.00 per gram, also sourced from Goodreturns. This is the purity most commonly used for jewellery in Singapore.

Current rates in Singapore dollars

Both figures are quoted in SGD and updated daily. For real-time tracking, GoldPrice.org shows a one-day change of -0.88% and a 1-year increase of +25.06% in SGD terms.

The implication: investors should track the spot price daily, while jewellery buyers face additional markups.

How much is gold 916 in Singapore?

916 gold vs 999 gold

916 gold is 91.6% pure, equivalent to 22K. The price of 916 gold per gram varies by retailer: ValueMax lists it at S$226.00, while Maxi-Cash offers 916 at S$233.00 per gram. In contrast, 999 gold (24K) at ValueMax is S$241.00 per gram.

Where to check live 916 gold rate

Reliable sources for live 916 rates include Mustafa Jewellery (S$171.20 for 22K jewellery), SK Jewellery (US$192 per gram for 916), and LivePriceOfGold (S$171.20 for 22K jewellery at Mustafa). Note that jewellery prices include craftsmanship, so they differ from raw bullion rates.

The spread between 916 and 999 gold at the same retailer is typically around S$15–S$25 per gram, reflecting the lower purity.

The pattern: the premium for jewellery can double the per-gram cost compared to raw bars.

What is the price of 22K gold in Mustafa today?

Mustafa Centre gold rates

According to Mustafa Jewellery’s official price page (last updated June 21, 2026, at 4:04 PM SGT), the 22K (916) jewellery rate is S$171.20 per gram, and the 24K (999) jewellery rate is S$185.80 per gram. These are jewellery prices, not raw bullion spot prices.

Mustafa’s jewellery rates are significantly lower than ValueMax (S$226.00 for 916) and Maxi-Cash (S$233.00 for 916). However, Mustafa’s prices are for finished jewellery, making them competitive for buyers seeking ornaments rather than bars.

The catch: always verify the final price including craftsmanship before purchasing.

Is gold cheap in Singapore?

Why gold is affordable in Singapore

Singapore imposes no Goods and Services Tax (GST) on investment gold (bars and coins), which keeps prices low compared to jurisdictions with VAT. This tax advantage applies to gold that meets Investment Precious Metal (IPM) standards, as defined by the Inland Revenue Authority of Singapore (IRAS) guidance.

Price comparison with neighboring countries

When converted to Indian Rupees (INR), 1 gram of 22K gold at S$167.00 equals approximately ₹10,500 (at exchange rates around 63 INR/SGD). In India, the same gram would cost about ₹6,500–₹7,000, making Singapore roughly 50% more expensive in INR terms due to the stronger SGD. However, for buyers using SGD, Singapore’s gold is competitive because of the tax-free regime and efficient market.

The pattern: Singapore gold offers value for local buyers but not for foreign visitors with weaker currencies.

Is 916 gold 22K or 24K?

916 gold meaning

916 gold is 91.6% pure gold, which is precisely 22 karats. The “916” stamp indicates that 916 parts per 1,000 are gold. It is NOT 24K — that would require 999 gold (99.9% pure).

Difference between 22K and 24K

24K gold is too soft for everyday jewellery; it bends and scratches easily. That’s why 22K (916) is the standard for rings, necklaces, and bracelets in Singapore and across South Asia. The remaining 8.4% is alloy (copper, silver, zinc) that adds strength.

As Mustafa Jewellery notes, its 22K-916 jewellery is designed for wearability, not investment purity. For investors, 24K bars are the preferred vehicle.

“Our gold rate page is for Singapore dollars and applies to jewellery, not raw bullion.”

— Mustafa Jewellery (official website)

“916 gold at SGD 226.00 per gram reflects our buying rate for jewellery items.”

— ValueMax (gold price page)

Four retailers, one pattern: jewellery rates vary widely while bullion benchmarks stay close to spot.

What this means: a buyer seeking jewellery can save significantly by checking Mustafa, but needs to add making charges.

Gold price timeline: recent moves

• Last 1 year: Gold price increased by 25.06% in SGD (GoldPrice.org)
• Last 30 days: Gold price decreased by 6.62% (GoldPrice.org)
• Today: Gold price down 0.88% from previous day (GoldPrice.org)

The one-year surge reflects global economic uncertainty, while the recent 30-day dip may signal profit-taking.

The implication: timing matters for large purchases; monitoring daily trends helps.

What we know for sure

• Today’s spot gold price is available from multiple sources, including Goodreturns and ValueMax.
• 916 gold is 22K (91.6% pure) — confirmed by Mustafa Jewellery and industry standards.
• Singapore has no GST on investment gold bars and coins, as per IRAS.

These facts are well-documented across official retailer pages and government sources.

What remains uncertain

• Exact Mustafa gold price may vary at point of sale due to making charges and design complexity (Mustafa Jewellery).
• Price differences between retailers are partly due to markup, purity verification, and whether the rate is for buying or selling gold.
• Third-party aggregators like SingaporeGoldRate may have stale data; always verify with the retailer directly.

The pattern: buyers should treat online rates as starting points and confirm at the store.

“Mustafa Jewellery frames its listed numbers as jewellery rates rather than bullion spot prices.”

— LivePriceOfGold (analysis of Mustafa’s pricing)

“Goldprice.org shows Singapore gold prices with a one-day change of -0.88% and a 1-year change of +25.06%.”

— GoldPrice.org (aggregated data)

For an Indian expat in Singapore evaluating gold purchases, the choice between 916 jewellery and 24K investment bars comes down to a trade-off: durability for daily wear versus purity for long-term holding. The 1 gram gold price in Singapore today is clear, but the real cost depends on where you buy and what you buy. For buyers, the real cost boils down to making charges and retailer markup, so comparing total price is essential.

For a detailed breakdown of the current rates, check the Singapore gold price today for 22K per gram in SGD.

Frequently asked questions

For more financial benchmarks in Singapore, read about Singapore Bank Interest Rates 2026 and check the SGD to MYR Rate Today.