Gold Market Report
Malaysia Gold Market Report
Independently researched coverage of the Malaysia gold market, last verified Sep 6, 2026. 24K gold is currently MYR 569.12 per gram.
See the live gold price page for Malaysia →Research coverage
4 of 4 research sections published for Malaysia.
- About this market
- Market notes
- Buying guide
- Tax & duty notes
Gold Price by Purity
Live prices in MYR.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | MYR 569.12 | MYR 17,701.51 | MYR 6,638.07 | MYR 569,116.75 |
| 22 karat (916.7) | MYR 521.76 | MYR 16,228.60 | MYR 6,085.72 | MYR 521,761.50 |
| 21 karat (875) | MYR 498.03 | MYR 15,490.37 | MYR 5,808.89 | MYR 498,026.95 |
| 18 karat (750) | MYR 426.88 | MYR 13,277.46 | MYR 4,979.05 | MYR 426,880.25 |
| 14 karat (583.3) | MYR 332.00 | MYR 10,326.32 | MYR 3,872.37 | MYR 331,999.00 |
| 10 karat (416.7) | MYR 237.17 | MYR 7,376.96 | MYR 2,766.36 | MYR 237,174.67 |
Trend
Last 3 months
Per gram · MYR
- Change
- +6.59%
- Low
- MYR 527.78
- High
- MYR 612.39
Historical data is presented from the site's retained market samples and daily rollups.
View full history →About the Malaysia gold market
Malaysia's state-issued "Kijang Emas" gold bullion coin — named after the barking deer depicted on its face — is legal tender, issued by the central bank, Bank Negara Malaysia, in 1oz, ½oz and ¼oz denominations.
Read the full section on the live price page →Market notes
Malaysia ended its long-standing duty-free treatment of gold bullion on June 8, 2026, introducing a new 10% customs tariff on physical gold bars meeting London Bullion Market Association (LBMA) standards -- a significant reversal for a market that had never previously levied import or export duty on gold bullion or…
Read the full section on the live price page →Buying gold in Malaysia
Malaysia's June 2026 tariff applies specifically to LBMA-standard bars, while gold jewellery and Investment Precious Metals (IPM)-qualifying products retain their existing tax treatment -- confirm whether a Malaysian quote is for an LBMA bar (now tariffed) or jewellery/IPM gold (unaffected) before comparing prices.
Read the full section on the live price page →Tax & duty notes
As of June 8, 2026, Malaysia charges a 10% import duty on LBMA-standard physical gold bars, ending a historic exemption.
Read the full section on the live price page →Sources
What the Malaysia research is based on
Each claim below traces to a specific, checkable source rather than a general reference.
- Kitco News — Malaysia follows India's example with new 10% import duty on LBMA gold bars
Supports: 10% import duty on LBMA-standard gold bars effective June 8, 2026, ending Malaysia's historic duty-free treatment
Checked Sep 6, 2026
- Singapore Bullion Market Association — Malaysia's Gold Market
Supports: IPM criteria (99.5%+ purity) and gold jewellery exemption under Malaysia's SST regime since 2018
Checked Sep 6, 2026
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Compare Malaysia with other gold markets in the same part of the world.
Learn
Guides relevant to this gold market
- education
How Gold Prices Work
Gold prices are set globally in USD per troy ounce and translated into every local market using exchange rates and purity.
- weight
Gold Weight Units Explained
Gram, troy ounce, tola, baht, kilogram — a complete conversion guide.
- purity
Gold Hallmarks Explained
What 999, 916, 875, 750 and 585 stamps actually mean.
- purity
24K vs 22K Gold: What's the Difference?
24K is nearly pure gold. 22K is 91.6% gold mixed with other metals for durability. Learn which suits investment vs. jewelry.
- buying
How to Buy Gold Safely
A step-by-step buyer's guide covering dealers, hallmarks, receipts and storage.
- investment
Gold Investment Basics
Bars, coins, ETFs, jewelry — how to start investing in gold.
Explore further
Gold terminology for this report
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from xaus.com + gold-api.com, with automatic failover between providers.
- The spot rate is converted into the local currency using live exchange rates from exchangerate-api.com, then scaled by purity (24K, 22K, 18K…) and by weight (gram, tola, ounce, kilogram, baht).
- The result is the pure spot value. Retail counters may add dealer premium, tax and making charges — the number here is the underlying benchmark.