Gold Price in Malaysia
This page shows gold prices in Malaysia converted from the international spot price at market exchange rates. It is an indicative reference, not a price quoted by a Malaysian jeweller or dealer. Shop prices can differ because of workmanship, taxes, premiums and dealer margins.
In Malaysia, gold is most commonly priced per gram, for jewellery as well as for small bars and coins.
XAU spot equivalent · Malaysia
MYR 16,608.81 per troy ounce ▲ +133.66 (+0.81%)
Gram MYR 533.99Kilogram MYR 533,985.73Tola MYR 6,228.3022K per gram MYR 489.49
COMEX gold futures (GC=F) · Last 30 daily closes · Latest close MYR 16,639.88
Day change basis: COMEX gold futures (GC=F) — this is futures movement, not spot’s own change.
XAU spot equivalent · Malaysia
MYR 16,608.81 per troy ounce
| Unit | Price |
|---|---|
| Troy ounce | MYR 16,608.81 |
| Gram | MYR 533.99 |
| Kilogram | MYR 533,985.73 |
| Tola | MYR 6,228.30 |
| Purity | Price / gram |
|---|---|
| 24K | MYR 533.99 |
| 22K | MYR 489.49 |
| 21K | MYR 467.24 |
| 18K | MYR 400.49 |
| 14K | MYR 311.49 |
Figures are the international spot price converted at market exchange rates. They are not local jeweller or shop prices, which add premiums, making charges, taxes and dealer margins.
Source: Live market quote · Quote time: 2026-10-27T23:55:55Z · Retrieved by Gold Updates at page load.
Price history
COMEX gold futures (GC=F) daily closes, in USD. This is futures data, not spot.
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Gold in Malaysia: currency, quoting and coins
Market context
Gold buyers in Malaysia trade in the same international market as buyers everywhere else: there is no separate local spot price. What differs locally is the currency, taxes, premiums and shop charges — the metal itself is priced from the one international benchmark, converted here into MYR.
Currency
The currency is the Malaysian ringgit (MYR), divided into 100 sen. Prices on this page are the international spot price converted at the current market exchange rate for MYR; the conversion rate, not a local dealer board, is what moves the figures here when exchange rates move.
Currency history: the ringgit was introduced in 1967, was pegged to the US dollar from 1998 to 2005, and has been on a managed float since.
How gold is quoted locally
The international benchmark is quoted per troy ounce in US dollars. Local shops in Malaysia most commonly quote by the gram for jewellery and small bars; the per-ounce, per-gram and per-kilo figures above are all the same converted price, only the unit changes.
National coin
The national bullion coin is the Kijang Emas: 999.9 fine gold, issued in 1/4 oz, 1/2 oz and 1 oz sizes, with a barking deer on the obverse and a hibiscus on the reverse. Coin prices in shops still follow weight and purity first; a design premium, where a dealer charges one, sits on top of the metal value.
Frequently Asked Questions
Why is a Malaysian jeweller's price different from this page?
Jewellers add workmanship charges, operating costs, applicable taxes and a margin, while this page shows only the converted spot-price equivalent.
What drives the gold price in Malaysian ringgit?
The ringgit price follows the international gold price and the ringgit exchange rate, so it moves when either factor changes.
Does the price depend on the design of the piece?
Yes, intricate designs carry higher workmanship charges, so two pieces of the same weight and purity can have quite different final prices.
What should I check before buying gold in Malaysia?
Check the weight, purity, workmanship charge and total payable, compare a few trusted jewellers, and keep an itemised receipt.
Pricing methodology
Gold Updates takes one XAU spot quote in USD, converts it at the current market exchange rate for MYR, then derives grams (ounce / 31.1034768), kilograms (grams x 1000) and tolas (grams x 11.6638038). Purity multiplies by karat / 24, applied once. Full details: Data Sources & Methodology.