916 Gold Price In Singapore
916 gold, also known as 22K gold, holds a prominent place in the market when it comes to gold trading, investment, or jewellery shopping in Singapore. Renowned for its high level of purity—comprising 91.6% pure gold—it serves as a middle ground between pure 24K gold and lesser pure forms like 18K gold. With its superior quality and durability, 916 gold is often the choice for both investors and those in search of finely crafted jewellery.
Keep an eye on this section for real-time updates on the current market rate of 916 gold prices in Singapore. Prices will be indicated per gram to provide a comprehensive perspective on the market.
Whether you’re a newcomer to the world of gold or an experienced investor, Maxi-Cash is your go-to resource for 916 gold prices in Singapore. With our accurate data and industry expertise, you can confidently buy or sell, all while knowing that you’re getting the most value for your cherished asset.
Today's 22 Karat / 916 Gold Price
916 Gold Price Per Gram
Date And Time Of Last Update
Live 916 Gold Price Charts
Historical 916 Gold Price Trends
What is 916 Gold
22 Karat / 916 Gold Price in Singapore FAQs
How does the price of 916 gold compare to 999 gold?
999 gold is nearly 100% pure and usually carries a higher price per gram compared to 916 gold. However, 916 gold is more durable, which may be preferable for jewellery you plan to wear often. Additionally, 916 gold also offers higher long-term value than everyday 18K gold jewellery due to higher gold purity. Stay up to date with the latest 916 and 999 gold prices in Singapore with Maxi-Cash.
How can I ensure the authenticity of 916 gold when purchasing in Singapore?
Always buy 916 gold from reputable dealers in Singapore. Founded in 2008, Maxi-Cash is a leading name in the gold industry, ensuring each gold piece undergoes rigorous quality checks before being sold.
How often is the 22K gold price updated on this page?
Our 22 karat gold prices are updated daily to provide you with the most current data.
Is the 22K gold price the same worldwide?
The base price of gold is universal. Various factors such as currency exchange rates and import duties can affect the 22 karat gold prices in different countries, including Singapore.
What is the source of the 916 gold prices listed on this page?
The 916 gold prices are sourced from reputable financial markets, including the London Bullion Market Association (LBMA), Bloomberg, and Reuters. While it’s updated in real-time, the gold rate might still vary due to market volatility.
Are there taxes on buying or selling 916 gold in Singapore?
Investment-grade gold, which meets specific criteria set by the Inland Revenue Authority of Singapore (IRAS), is exempt from Singapore’s Goods and Services Tax (GST). However, jewellery or other 916 gold that doesn’t meet the investment criteria, are still subject to GST at the prevailing rate.
Maxi-Cash offers everyday low gold prices, helping you make a smart investment in 916 gold. Trust us for transparent, competitive 916 gold prices in Singapore. Visit any Maxi-Cash outlet near you to engage check out our 916 gold in-person.