Does this converter show shop prices?
No. This converter shows indicative values derived from spot price, exchange rate, weight unit, and purity. Shop prices can change because of premiums, making charges, spreads, item condition, stock, and buy/sell terms.
Why can the SGD value differ from a gold shop website?
The SGD value here starts from the USD per troy ounce price and USD/SGD rate. Gold shops may use different update times, premiums, and spreads.
What is a tola in gold calculations?
Tola is a regional weight unit often used in South Asian gold comparisons. On this site, one tola is calculated as 11.6638038 grams.
Can this value be used for 916 and 999 gold?
Yes, but it is still an estimate of base metal value. For 916, 999, 9999, or other purities, read the purity stamp, weight, premium, and spread together.