Gold Price Singapore Today — Live SGD per Gram
Live gold price in SGD (Singapore Dollar) per gram and per troy ounce. Investment gold is GST-exempt in Singapore since 2012. Updated every minute.
Singapore Gold Price by Weight — SGD (Live)
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Singapore Gold Market
Singapore is Asia's premier gold trading hub, sitting alongside Zurich and London as a global centre for precious metals. Its combination of political stability, strong rule of law, low taxes, and strategic location between the major gold-consuming markets of India and China make it the natural focal point for Asian gold flows.
- Investment Precious Metals (IPM) scheme: Since October 2012, Singapore has exempted qualifying investment gold (99.5%+ purity), silver, and platinum from GST. This zero-tax structure makes Singapore one of the most cost-effective jurisdictions in the world for acquiring and storing physical precious metals.
- Monetary Authority of Singapore (MAS): Singapore's central bank and financial regulator. MAS oversees the bullion market and has encouraged Singapore to develop as a regional precious metals hub through regulatory clarity and infrastructure investment.
- Singapore Bullion Market Association (SBMA): The industry body representing Singapore's bullion sector — banks, refineries, dealers, and vaults. SBMA works with the LBMA and Asian exchanges to develop liquidity and price discovery in Singapore.
- Singapore Freeport: World-class vault storage facility near Changi Airport. Clients can store gold, silver, and platinum in a fully insured, ultra-secure environment with competitive storage rates. Preferred by institutional investors and high-net-worth individuals storing Asian gold allocations.
UOB Gold Savings Account and Buying Gold in Singapore
UOB (United Overseas Bank) is Singapore's primary retail gold bank. UOB's Gold Savings Account (GSA) allows customers to buy and sell gold in grams, credited to an account without physical delivery. The GSA tracks the international gold price in SGD and is accessible through UOB's banking app. UOB also sells physical gold bars (5g, 10g, 20g, 100g, 1 kg) and gold coins at its branches and via its online platform.
BullionStar, headquartered in Singapore, operates a retail showroom and vault storage service. It is one of Asia's most transparent bullion dealers, publishing real-time buy/sell spreads and offering segregated allocated storage. BullionStar is particularly popular with investors who want physical delivery or private vault storage without bank counterparty risk.
The Singapore Mint produces the Lion Bullion Series and various commemorative coins. Lion Bullion coins (999.9 fine gold) are legal tender coins minted to LBMA standards and qualify for the IPM GST exemption — making them an attractive option for collectors who also want investment-grade gold.
SGD Gold Price and the USD/SGD Rate
Gold is priced globally in USD. The SGD price of gold on this page is calculated as: XAU/USD ÷ 31.1035 × USD/SGD. Because the SGD is managed by MAS within a nominal effective exchange rate (NEER) band rather than freely floating, SGD/USD movements are more contained than many other Asian currencies — but they still affect the local gold price in SGD terms.
Singapore's managed currency policy means the SGD tends to appreciate gradually over time against the USD as MAS uses exchange rate policy (rather than interest rates) to control inflation. This long-term SGD appreciation subtly dampens SGD gold price increases relative to USD gold price increases — a factor worth noting for long-term investors comparing gold returns in SGD versus USD.