Gold Price in Malaysia Today
Live gold price in Malaysian Ringgit (MYR) per gram and tael. Maybank gold rate. Live prices.
Malaysia Gold Price — MYR per Gram & Tael
| Weight / Karat | MYR (Live) | Notes |
|---|---|---|
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Malaysia Gold Investment — Maybank, Public Bank, and Physical
Malaysia has one of the most developed retail gold investment markets in Southeast Asia. Three main channels:
- Bank Gold Accounts: Maybank Gold Investment Account (GIA) and Public Bank Gold Investment Account track international gold prices with low buy/sell spreads (~0.5%). No storage needed — the bank holds the gold digitally.
- Physical gold shops: Petaling Street and Campbell Street in KL, goldsmith shops in Johor Bahru and Penang sell 24K and 22K bars and jewelry. Kelantan gold (916 purity) is a popular Malaysian standard.
- Shariah-compliant: Bank Muamalat, Bank Islam, and CIMB Islamic offer gold accounts compliant with Islamic finance principles.
Kelantan Gold Dinar — Malaysia's Islamic Gold
Kelantan state issues the Gold Dinar — a 22K gold coin used for trade and savings in an Islamic finance context. The gold dinar movement in Malaysia is unique in Southeast Asia, representing a parallel to traditional fiat currency for halal savings.
The dinar (4.25g of 22K gold) and dirham (3g silver) are legal tender in Kelantan, though rarely used in daily commerce. They are primarily investment vehicles tracking gold and silver prices.
Trade Gold from Malaysia with Exness
Malaysian traders can access XAU/USD with unlimited leverage via Exness. Islamic (swap-free) accounts available.
Open Account Free →Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.