Gold Price Calculator: 916 and 999 Gold Jewellery Value in Singapore

Gold value = gold weight × price per gram for that purity. The purity number is the gold content in parts per thousand: 999 (24K) is 99.9% gold, 916 (22K) is 91.6%, 750 (18K) is 75%, 585 (14K) is 58.5% and 375 (9K) is 37.5%. If you enter the 999 price, the calculator prices other purities pro rata to their gold content, so at a 999 price of S$180 per gram, 916 gold works out to S$165.05 per gram. You enter the price yourself, from your jeweller's board, bank or bullion dealer: this page never fetches or guesses a live price.

Singapore's legal tahil (tael) is 1⅓ ounces, or 37.7994 g, and a chee (mace) is a tenth of that, 3.77994 g, under the Third Schedule of the Weights and Measures Act. Hong Kong's gold trade uses a slightly lighter tael of 37.429 g, so check which one a quote uses.

Jewellery is not investment precious metal. IRAS exempts only investment-grade gold (bars, ingots and wafers of at least 99.5% purity from accredited refiners, and listed coins) from GST, since 1 October 2012; gold jewellery bought from a GST-registered shop carries GST at 9%. GST-registered shops must display and quote GST-inclusive prices, so a shop's per-gram price normally already includes it.

Buyback: shops set their own buyback prices, usually below their selling price and with stones weighed out, and workmanship and GST are not refunded. The buyback deduction is an editable assumption (5% by default): ask the shop for its actual rate.