Singapore is Southeast Asia's financial capital and a premium gold investment hub with a significant Indian and Chinese gold buying culture. The gold rate in Singapore today is updated daily based on the international spot price converted to Singapore Dollar (SGD). Check the live rate cards above for today's exact 24K and 22K prices in SGD. Indian buyers and NRIs in Singapore can also track the gold rate today across all Indian cities on our homepage for comparison.
Today's 24K and 22K Gold Rate in Singapore
As of 16 Oct 2026, the gold rate in Singapore is $1,823 per 10 grams for 24K gold and $1,658 per 10 grams for 22K gold in Singapore Dollar (SGD). The 18K gold rate in Singapore today is $1,357 per 10 grams. On a per-gram basis, 24K gold is priced at $182 per gram in Singapore today. These rates are updated daily and are indicative wholesale prices - your final jewellery price will be higher once making charges and applicable local taxes are added.
22K vs 24K vs 18K Gold - Which Should You Buy in Singapore?
The right purity depends on your purpose - investment, traditional jewellery, or contemporary designs. Here is how the three main grades compare at today's Singapore prices in Singapore Dollar (SGD):
- 24K gold (999 purity) at $1,823 per 10 grams - 99.9% pure. The international investment standard. Used for coins, bars, and digital gold. Too soft for most jewellery.
- 22K gold (916 purity) at $1,658 per 10 grams - 91.6% pure. The Indian jewellery standard used for traditional ornaments. Available at major Indian jewellery shops in Singapore.
- 18K gold (750 purity) at $1,357 per 10 grams - 75% pure. Harder and more affordable. Popular for diamond-studded and contemporary designs widely available in Singapore.
Use our karat converter to convert rates between purities instantly.
Gold Rate in Singapore vs India - Key Differences
Singapore applies 9% GST on gold jewellery but zero GST on investment-grade gold (minimum 99.5% purity bars and coins), making it extremely competitive for bullion purchases. Singapore is a global gold trading hub with some of the world's most transparent per-gram pricing.
Indian Community and NRI Gold Buying in Singapore
Singapore has approximately 350,000 Indian nationals and 400,000 Indian-origin citizens (about 9% of residents). The community is primarily Tamil-speaking, with Punjabi and North Indian professionals in finance and technology. The historic Chettiar community ran Singapore's private lending industry for decades.
Why Indian Buyers Track Singapore Gold Rates
Indians living and working in Singapore track gold rates for several practical reasons. Comparing Singapore's gold price (in SGD and INR equivalent) with India's current rate helps determine whether buying locally or waiting for an India visit is more cost-effective. The key factors that determine this comparison are:
- Tax structure - India imposes approximately 18–20% effective tax burden (import duty plus GST) on gold at retail. Singapore's tax treatment may be significantly more or less favourable depending on local rules.
- Making charges - jewellery making charges vary significantly between Singapore and Indian cities. Traditional Indian designs may have limited availability in Singapore and higher making charges than Indian markets.
- Currency exchange rate - the INR equivalent of Singapore's gold price moves with the SGD-INR exchange rate. A stronger SGD makes Singapore gold more expensive in rupee terms even if the local price is unchanged.
- Design availability - traditional Indian jewellery designs (Kundan, temple jewellery, Jadau, Meenakari) may have limited availability in Singapore, making India or UAE visits necessary for specific bridal purchases.
- Purity certification - Indian BIS hallmarking and Singapore's local purity certification systems differ. Always verify purity through the appropriate local authority before purchasing.
Best Places to Buy Gold in Singapore
Little India on Serangoon Road has Singapore's primary Indian-style gold market. The Mustafa Centre in Little India is famous for 24-hour gold trading at competitive making charges. BullionStar on Tyrwhitt Road is Singapore's most prominent investment gold dealer. Orchard Road malls have international branded jewellery.
Buying Bridal Gold in Singapore - Guide for Indian Families
Little India and Mustafa Centre are the definitive destinations for Tamil Singaporean and Indian expat bridal jewellery. The Mustafa Centre's 24-hour operation and competitive making charges make it particularly popular. Traditional South Indian designs are well-stocked. Always compare Singapore prices (converted to INR at the current SGD-INR exchange rate) with India's live rates before making any large purchase. Use our gold price calculator and wedding gold calculator as reference points.
Festival Gold Buying in Singapore - When Indian NRIs Buy Most
Deepavali (celebrated on a grand scale - Singapore's Little India light-up is one of the world's most spectacular), Thaipusam, and Indian wedding seasons are the primary gold-buying occasions. For investment purchases, Indian NRIs in Singapore should compare the effective per-gram cost (including all local taxes and making charges) in SGD against current Indian city rates before deciding where to buy.
Gold Rate in Singapore vs Other Markets
Indian buyers in Singapore often compare gold prices across multiple markets before making large purchases:
- UAE cities: Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Fujairah
- Gulf countries: Saudi Arabia, Qatar, Oman, Bahrain, Kuwait
- India cities for comparison: Delhi, Mumbai, Chennai, Bangalore
See all Indian city rates on our all-India gold rate page.
Investment Gold in Singapore - Options for Indian NRIs
Indian NRIs in Singapore have several gold investment routes. Here is how they compare:
Physical Gold in Singapore
Buying gold coins or bars locally in Singapore may be more cost-effective than India depending on the tax differential. Always buy from licensed, reputable dealers and verify purity through the local certification system. Keep the purchase receipt - Indian customs require documentation when bringing gold back to India.
Indian Customs Rules When Bringing Gold to India
Travellers from abroad to India are permitted: male passengers (stayed abroad over 6 months) up to 20 grams duty-free (max ₹50,000 value); female passengers up to 40 grams duty-free (max ₹1 lakh value). Above these limits, customs duty of approximately 15% plus cess applies. Always declare gold above the duty-free limit on arrival. Verify the latest CBIC rules before travelling.
Sovereign Gold Bonds - Note for NRIs
NRIs are not eligible to purchase Sovereign Gold Bonds (SGBs) in India - SGBs are restricted to Indian residents. However, NRIs can invest in Gold ETFs listed on NSE/BSE through NRO/NRE demat accounts with Indian brokers - this is typically the most tax-efficient way for NRIs to gain Indian gold price exposure.
Digital Gold via Indian Apps
Select platforms like MMTC-PAMP offer digital gold to NRIs through specific NRI-enabled accounts. Check individual platform eligibility before investing.
Making Charges in Singapore - What to Expect
Singapore making charges range SGD 10–40 per gram. Zero GST on investment gold makes bullion purchases very competitive globally. When comparing with India, note that Indian making charges - particularly in markets like Zaveri Bazaar (Mumbai), T. Nagar (Chennai), or Delhi's Karol Bagh - are often significantly lower than the equivalent in Singapore for comparable traditional Indian designs. Use our making charges calculator to estimate the Indian equivalent cost.
How to Calculate the INR Equivalent of Singapore Gold Rate
To convert Singapore's gold rate to Indian rupees for comparison with India's market:
Step 1: Note the per-gram gold rate in Singapore in SGD - check the live rate cards at the top of this page ($182 per gram today).
Step 2: Multiply by 10 to get the per-10-gram rate - the Indian standard unit ($1,823 per 10 grams today).
Step 3: Convert to INR using the current SGD-INR exchange rate from your bank's app or Google.
Step 4: Compare with the live Indian city rates shown on this page. Remember that India's retail price already includes 15%+ import duty and 3% GST - so the Indian retail price will be higher than the base metal value used for comparison.
Selling Gold in Singapore vs Bringing It to India
Indian NRIs in Singapore sometimes weigh whether to sell surplus gold locally or bring it to India:
- Local sale in Singapore: Gives immediate SGD proceeds without customs complications. Local dealers typically offer the international spot price less a small spread of 1–3%.
- Bringing to India: If within customs duty-free limits, bringing gold and selling locally at Indian retail rates can yield a higher effective return - India's price includes significant import duty that creates a premium over international spot. Above the duty-free limit, customs duty reduces this advantage.
- Documentation: Keep your original Singapore purchase invoice for any gold brought back. For sales above ₹50,000 in India, your buyer will require your ID and PAN.
Singapore Gold Rate History - Monthly and Yearly Trends
The gold rate history tables on this page - Daily, Monthly, and Yearly tabs above - show how Singapore's 24K, 22K, and 18K prices have moved over time in Singapore Dollar (SGD):
- Daily tab: Shows the last 10 recorded rate entries for Singapore with day-on-day change. Use this to understand recent short-term direction.
- Monthly tab: Shows the average gold rate in Singapore per calendar month - useful for spotting seasonal patterns and festival-driven demand cycles.
- Yearly tab: Shows the annual average rate - reflecting gold's long-term upward trend driven by both global price appreciation and currency movements between SGD and international markets.
The interactive chart above lets you zoom into 7-day, 1-month, 3-month, 6-month, and 1-year windows with exact prices on hover - useful context before making a large purchase in Singapore.