Market price
Gold spot price
Base gold price reference before premiums, spreads, making charges, taxes, and transaction fees.
View related contextPrice terms
Gold Price Glossary
Key terms connecting gold prices, purity, units of measure, transaction costs, and Singapore context.
Key terms
Price unit
USD per troy ounce
Common way international gold prices are quoted. One troy ounce equals 31.1034768 grams.
View related contextLocal unit
SGD per gram
Gold price converted into Singapore dollars per gram for Singapore users.
View related contextWeight unit
Tola
Regional unit often used in South Asian gold comparisons. On this site, one tola equals 11.6638038 grams.
View related contextPurity
Gold karat
A measure of gold purity out of 24 parts. It differs from diamond carat, which refers to gemstone weight.
View related contextItem check
Purity stamp
Mark such as 999, 916, 750, or 585 on a gold item. The stamp helps initial checks, but item condition and seller verification still matter.
View related contextPurity
9999 gold
Gold with a 0.9999 multiplier in this site's calculations, often used for selected fine investment gold products.
View related contextPurity
999 gold
Gold with a 0.999 multiplier in price calculations, often associated with wafers, bars, coins, or selected investment gold.
View related contextPurity
916 gold
Gold with a 0.916 multiplier, commonly used as a 22K jewellery context.
View related contextPurity
750 gold
Gold with a 0.750 multiplier, usually read as an 18K context in purity comparisons.
View related contextPurity
585 gold
Gold with a 0.585 multiplier, useful when comparing 14K items or international jewellery.
View related contextTransaction cost
Premium
An addition above base metal value, such as a bar, wafer, coin, platform, or brand premium.
View related contextJewellery cost
Making charge
Workmanship, design, or fabrication cost that can make jewellery prices exceed metal value.
View related contextTransaction cost
Buyback spread
Deduction or difference between base metal value and the price a buyer may offer.
View related contextTransaction price
Bid and ask
Market terms for buying and selling prices. In a gold shop, this gap can appear as spread or the difference between buyback and selling offers.
View related contextTransaction price
Shop quote
Price given by a shop for selling or buyback. It should be read with weight, unit, purity, premium, making charge, and transaction terms.
View related contextTransaction cost
Depreciation
Estimated deduction when an item is used, damaged, incomplete, or needs retesting. Actual rates depend on the buyer and item condition.
View related contextSingapore context
Investment Precious Metals
Investment metals category that may have specific GST treatment if it meets Singapore's official criteria.
View related contextMost useful learning path
Start with the USD/oz to SGD/g formula, then compare 916 and 999, and finally use the calculator with premium or spread if you are comparing transaction prices.