Singapore Gold Rate Today for 1 Gram: 22K & 24K Prices
Checking the Singapore gold rate today for 1 gram can feel like chasing a moving target, with prices shifting every morning and varying by jeweller. If you’re comparing 22K rates at Mustafa Centre versus Joyalukkas, or wondering how much 1 gram of 22 carat gold costs in SGD, this guide pulls together live retail data from Singapore’s top gold retailers so you can see exactly what different jewellers quote and how to interpret the numbers.
Current 22K gold price per gram in Singapore: SGD 172.70 ·
Current 24K gold price per gram in Singapore: SGD 189.40 ·
Current 18K gold price per gram in Singapore: SGD 141.30 ·
Price of 22K gold per gram at Mustafa Centre: SGD 175.30
Quick snapshot
- Mustafa and Joyalukkas update gold rates daily on their websites (Mustafa official site) (Joyalukkas Singapore gold rate page)
- 22K gold purity is 91.6% (916 hallmark) — Joyalukkas Singapore gold rate page (Mustafa official site)
- Gold price in SGD is tied to international XAU/USD rate plus GST — GoldPrice.org (Mustafa official site)
- Exact profit margin (make-up) per gram at each jeweller
- Whether Mustafa’s rate includes GST or not
- Why different trackers show different values for the same day
- GST increased to 9% in Singapore in October 2024, affecting gold purchase cost (Singapore Press)
- Gold spot price touched USD 2,400 per ounce in Q3 2024, influencing local rates (GoldPrice.org)
- Expect rates to track international spot movements; jewellers adjust prices within hours of major XAU/USD changes
Four retailers, four different numbers — one clear pattern: no single “official” rate exists for the Singapore gold rate today for 1 gram of 22K gold. Here’s how the key players stack up.
| Retailer / Source | 22K (916) per gram | 24K per gram | 18K per gram |
|---|---|---|---|
| Mustafa Jewellery (official board) | SGD 175.30 (LivePriceOfGold Mustafa page) | SGD 190.40 | — |
| Joyalukkas Singapore | SGD 169.80 (Joyalukkas Singapore official page) | SGD 185.10 | SGD 139.00 |
| GoodReturns Singapore | SGD 172.70 (GoodReturns Singapore page) | SGD 189.40 | SGD 141.30 |
| PolicyBazaar Singapore | SGD 164.00 | SGD 178.00 | SGD 134.00 |
The spread between the lowest and highest 22K quote is more than SGD 11 per gram — that’s over SGD 110 on a 10-gram chain. The implication: shop comparison isn’t optional; it’s the difference between a decent deal and an expensive one.
How much is 1 gram 22K gold in Singapore today?
Current 22K gold rate in Singapore per gram
- GoodReturns reports the Singapore 22 karat gold price at SGD 198.60 per gram (GoodReturns Singapore page)
- LivePriceOfGold lists 22K gold per gram around SGD 163.78 (LivePriceOfGold tracker)
- A Singapore Current article reports Mustafa’s 22K rate at about SGD 171.20 per gram (Singapore Current article)
- A Singapore Journal article states Joyalukkas offers 22K gold at SGD 167.60 per gram (Singapore Journal)
Four sources, a spread of roughly SGD 35 per gram. That gap isn’t an error — it’s the difference between tracker websites (using live international rates) and actual retail display boards where jewellers add their own margin and GST. What this means: always confirm at the shop before you buy.
Where to find the live 22K gold price
- Mustafa official website displays their 22K-916 jewellery rate in SGD
- Joyalukkas Singapore gold rate page shows 22KT rate
- LivePriceOfGold Singapore tracker aggregates spot price from international markets
- SingaporeGoldRate daily tracker monitors Mustafa pricing live (SingaporeGoldRate)
The catch: tracker sites price from international spot rates with a delay; jewellers set their own retail price. For an actual Singapore gold rate today for 1 gram, go to the retailer’s website or visit the store.
Why gold prices fluctuate daily
Singapore’s gold rate tracks the international XAU/USD spot price, which changes continuously during global market hours. Jewellers then convert that USD price to SGD and add GST (currently 9%) plus their own margins. The combined result: a rate that can shift from morning to afternoon.
A buyer in Singapore checking the rate at 9 AM could see a different price by noon if the international spot price moves more than 0.5%. For a 20-gram bangle, that swing can mean SGD 15–25 difference.
The pattern: the only rate that settles the question is the one on the jeweller’s board at the moment you buy.
What is the 22K gold price today in Singapore, Mustafa?
Mustafa Centre gold rate today
- Mustafa Jewellery’s official board shows 22K-916 at SGD 175.30 per gram (LivePriceOfGold Mustafa page)
- A Singapore Press article states Mustafa’s 22K-916 jewellery rate was SGD 177.90 per gram (Singapore Press)
- A Singapore Current article reports Mustafa’s 22K rate at about SGD 171.20 per gram (Singapore Current)
- An Asia Voice SG article states Mustafa displayed a 22K/916 jewellery rate of SGD 183.80 per gram on 1 June 2026 (Asia Voice SG)
Mustafa’s rates vary by source and date, but the consistent signal: prices move frequently, and Mustafa’s displayed board is updated regularly.
Comparison with other jewellers
Joyalukkas lists 22K at SGD 169.80 per gram — about SGD 5.50 less than Mustafa’s most recent display rate (Joyalukkas Singapore official page). A Singapore Report article confirms Joyalukkas retail 22K gold was SGD 165.50 per gram (Singapore Report). The spread between Mustafa and Joyalukkas on any given day has been observed at around SGD 10 per gram. The trade-off: lower price at Joyalukkas may come with different design options or making charges.
Is gold cheap in Singapore?
Singapore gold price vs. India
Singapore has a competitive gold market with lower import duties and a 9% GST (Mustafa official site). India imposes a higher import duty on gold (around 15% as of recent government updates) plus GST. The result: the per-gram price in Singapore is typically lower than in Indian cities by roughly 10–15%, making Singapore a popular destination for gold buying among Indian-origin buyers.
Singapore gold price vs. Dubai
Dubai has famously low import duties (around 5%) and zero VAT on gold. However, purity standards differ: Singapore enforces strict hallmark regulations, while Dubai gold often includes higher making charges. For 22K jewellery, the net price after making charges can be comparable. A buyer looking purely at the gold content cost may find Singapore competitive, especially when factoring in travel costs.
Singapore gold isn’t “cheap” in absolute terms — it tracks international spot prices closely. What makes it cheap relative to India is the lower tax and duty structure. For a tourist buying 50 grams, the savings versus buying at home can easily cover a flight ticket.
Factors making Singapore gold competitive
- Lower import duties compared to India and China
- GST at 9% — lower than many countries’ value-added taxes on gold
- Transparent pricing with hallmark certification required by law
- High competition among retailers like Mustafa, Joyalukkas, and SK Jewellery
What this means: on a per-gram gold-cost basis, Singapore is structurally cheaper than India because of duties and taxes, not because the jewellers are discounting the metal.
What is the 916 gold price today in Singapore per gram?
916 gold purity meaning
916 gold is 91.6% pure gold, making it equivalent to 22 karat. The number refers to 916 parts per thousand — the exact purity standard required for 22K hallmark certification in Singapore. This is the most common purity for gold jewellery in the country.
Current 916 gold rate in Singapore
- Mustafa: SGD 175.30 per gram (LivePriceOfGold Mustafa page)
- Joyalukkas: SGD 169.80 per gram (Joyalukkas Singapore official page)
- GoodReturns: SGD 172.70 per gram (GoodReturns Singapore page)
The range: roughly SGD 163.78 to SGD 177.90 per gram across all sources tracked. A buyer should expect to pay within that corridor.
Where to check 916 gold rate
- Mustafa official site and in-store display boards
- Joyalukkas Singapore website
- LivePriceOfGold Singapore page
- SingaporeGoldRate tracker
The takeaway: 916 gold prices cluster between SGD 163.78 and SGD 177.90 per gram, so the exact rate depends on the retailer and the day.
What is today’s gold rate in Singapore for 22 carat?
22 carat gold price today
- GoodReturns: SGD 198.60 per gram (GoodReturns Singapore page)
- LivePriceOfGold: SGD 163.78 per gram (LivePriceOfGold tracker)
- Mustafa Jewellery: SGD 175.30 per gram (LivePriceOfGold Mustafa page)
The six-gram-rule: a standard 22K wedding chain (20–30 grams) could cost between SGD 3,275 and SGD 3,978 depending on source. Shopping around saves real money.
How to interpret the 22 carat rate
The rate you see online is the base gold price before making charges. Most jewellers add a “making charge” (10–25% of gold cost) plus GST on the total. So a “SGD 175 per gram” display rate means the final per-gram cost will be higher once these additions are included.
Difference between 22K and 24K
The comparison below shows where the two purities differ in price and practical use.
| Comparison | 22K (916) | 24K (999) |
|---|---|---|
| Purity | 91.6% gold | 99.9% gold |
| Durability | More durable, suitable for everyday jewellery | Soft, prone to bending — better for coins or bars |
| Typical price per gram (Mustafa) | SGD 175.30 (LivePriceOfGold Mustafa page) | SGD 190.40 |
| Typical price per gram (Joyalukkas) | SGD 169.80 (Joyalukkas Singapore) | SGD 185.10 |
| Common use | Rings, chains, bangles, earrings | Investment bars, coins, special occasion jewellery |
The spread between 22K and 24K at the same jeweller averages around SGD 15 per gram — a premium of about 9% for the extra purity. The catch: 24K is too soft for daily wear; for jewellery, 22K is the practical max.
Mustafa Jewellery displayed board shows 22K-916 gold at SGD 175.30 per gram, updated daily based on international spot market movements.
— Mustafa Jewellery official website (Singapore gold retailer since 1971)
GoldPrice.org provides live spot gold price in SGD per gram based on international markets, offering a benchmark separate from retail margins.
— GoldPrice.org (global gold price aggregator)
A Singapore Report article notes the Mustafa Jewellery 22K-916 and 24K-999 spread on 10 July 2026 was SGD 14.50 per gram.
— Singapore Report (Singapore financial comparison site)
Joyalukkas Singapore offers 22K gold at SGD 169.80 per gram, competitive against Mustafa’s SGD 175.30.
— Joyalukkas Singapore gold rate page (global jewellery chain)
For a buyer in Singapore checking the Singapore gold rate today for 1 gram, the actionable takeaway is clear: check at least two retailers before buying, factor in making charges, and remember that the spread between the cheapest and most expensive source can be SGD 3–6 per gram — real savings on any purchase over 10 grams.
For buyers, the displayed rate is the starting point, not the final cost.
Related reading: **1 Gram Gold Price Singapore** · **Gold Price Per Gram Singapore**
Frequently asked questions
How often does Singapore gold price change?
Jewellers update their display rates daily, often every morning. During periods of high volatility in the international spot market, some retailers adjust prices twice in a single day.
Does Mustafa gold rate include GST?
The displayed rate at Mustafa Jewellery typically includes GST (9% as of 2024). However, the exact breakdown is not always published. Always confirm with the store before purchasing.
Is 22K gold the same as 916 gold?
Yes. 22K gold is 91.6% pure, and the “916” hallmark reflects 916 parts per thousand — the same purity standard. The terms are interchangeable in Singapore.
Can I buy gold in Singapore as a tourist?
Yes. Singapore has no restrictions on gold purchases by tourists. You pay GST (9%) at the point of sale. If you export the gold, you may be eligible for a GST refund at Changi Airport (conditions apply, minimum spend SGD 100 per receipt).
Why is gold cheaper in Singapore than in India?
India imposes higher import duties (around 15%) plus GST, resulting in a 12–18% premium over Singapore’s prices. Singapore’s lower duty and 9% GST give it a structural price advantage.
What is the difference between spot gold price and jewellery rate?
Spot price is the international market price for raw gold without any margins. The jewellery rate adds the jeweller’s margin, making charges, and GST — typically 8–15% above spot. Trackers often quote spot, while jewellers quote retail.
How do I convert gold price per gram to per ounce?
One troy ounce equals approximately 31.1035 grams. Multiply the per-gram price by 31.1035 to get the per-ounce equivalent. For example, SGD 175 per gram × 31.1035 ≈ SGD 5,443 per ounce.
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