Gold price

At SK Jewellery, we believe that the journey of owning gold should be as splendid as the golden piece itself. In this regard, we keenly observe the ebb and flow of the gold market, keeping you informed about the nuances of gold prices in Singapore (SG). Whether it’s the price per gram of 916 gold or 999 gold, you can trust SK Jewellery to share accurate and timely insights.

gold price
Gold Price
916 Gold

(per gm)

$112.00
999 Gold

(per gm)

$121.00
Updated as of 8 Mar 2024

916 Gold vs 999 Gold: Which is better?

When shopping for gold jewellery, have you ever wondered what the numbers and letters stand for? Knowing how to tell the different types of gold on the market can help you to make better decisions when purchasing a gold jewellery piece.

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Understanding the intricacies of gold prices

1. 24K GOLD (999 GOLD) PRICES

The epitome of purity, 24K or 999 gold signifies gold in its most resplendent and unblemished state. Given its superiorquality, the price per gram of 999 gold is highest amongst all gold varieties in Singapore.

2. 22K GOLD (916 GOLD) PRICES

Striking the perfect balance between durability and luminosity, 22K or 916 gold possesses an allure that’s uniquely its own.As a blend of gold with other metals, its price per gram in Singapore dollars (SGD) usually stands slightly lower than thepurer 24K gold.

3. 18K GOLD PRICES

Exuding an impressive lustre and notable durability, 18K gold has etched its place as a cornerstone in daily-wear jewellery.Given its reduced pure gold content compared to 24K and 22K variants, the price per gram of 18K gold typically presents amore affordable alternative in Singapore. Speak to our team today for more details about 18k gold prices.

4. ROSE GOLD PRICES

Embodying both style and sentimentality, rose gold, an enticing blend of gold and copper, enchants with its distinct warm,pinkish glow. The price per gram of this captivating alloy is dictated by not only its gold content but also the marketdynamics of copper. For more information about rose gold prices, contact us today.

5. WHITE GOLD PRICES

Merging contemporary panache with perennial grace, white gold is a stylish deviation from traditional gold. This distinctversion of gold, typically available in 14k or 18k classifications in Singapore, adheres to a unique pricing structure in thegold market. Reach out to us for more information on the price per gram of white gold today.

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Your partner in gold

Purchasing gold is not just about the price, it’s about understanding its value in your life. At SK Jewellery, westrive to ensure your gold purchases are more than transactions. We provide guidance and insights into goldprices, allowing you to make well-informed decisions with confidence.

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Rejuvenating Your Gold Portfolio

Do you have gold pieces that no longer reflect your taste? Or perhaps you’re tempted by the allure of our newest arrivals? Fret not, SK Jewellery has crafted a seamless solution for you.

Fashion evolves, and so should your jewellery collection. As such, SK Jewellery offers a novel solution for those with timeless gold pieces they wish to revamp. Our 100% gold trade-in policy ensures that the jewellery you bought today remains valuable tomorrow. Trade in your gold items at their full grammage weight, determined by the prevailing gold prices in Singapore, with our practical solution today.

Visit any of our retail stores for more information.

FREQUENTLY ASKED QUESTIONS

How often do gold prices change?

At SK Jewellery, we change our gold prices as and when necessary, to reflect changes in the prevailing gold market. During periods of high volatility, which can occur due to economic or geopolitical factors, we may adjust our prices more frequently, sometimes even as often as one or two times per week. Whether you are looking at buying gold for investment purposes or simply looking for a stunning piece of gold jewellery, you can trust SK Jewellery to provide you with transparent pricing and exceptional quality.

Is it safe to buy gold jewellery online?

Yes, it’s safe to buy gold jewellery online with SK Jewellery. Our online store is designed to provide you with the same level of security and confidence as you would have when purchasing from one of our physical stores. We take great care to ensure that every piece of gold jewellery we sell is of the highest quality, and we have a rigorous inspection process in place to ensure that this is the case.

In addition, we insure every delivery to your address, so that you can have a peace of mind knowing that your gold jewellery is protected from loss or damage while it is in transit.

What is the difference between 916 and 999 Gold?

The main difference between 916 and 999 gold is their purity levels. 916 gold, also known as 22 karat gold, is made up of 91.6% pure gold and 8.4% other metals. 916 gold is commonly used for crafting everyday pieces of fine gold jewellery. 999 gold, known as 24 karat gold, is the purest form of gold available. As such, it is softer and malleable, which means that fine craftsmanship is required to fashion it into fine gold jewellery. It is often used for exquisite pieces like in Si Dian Jin.