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Gold Price in Malaysia Today
Live 24K gold rate in MYR, per gram. Every purity, every weight.
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At a glance
Malaysia market summary
- Region
- Asia
- ISO code
- MY · MYS
- Currency
- MYR — Malaysian Ringgit
- Preferred weight
- Gram (g)
Today's Gold Market Summary in Malaysia
Gold prices in Malaysia are calculated from the international XAU/USD spot price and the latest MYR exchange rate. The displayed spot-derived value does not include local dealer premiums, taxes or jewellery making charges.
Recently, Malaysia's average gold price has been MYR 583.64 per gram.
What moves this price day to day, and how purity and weight change what you actually get →
Quick Facts
Country
Malaysia
Currency
MYR
Default Unit
Gram
Data Source
gold-api.com + xaus.com
About gold in Malaysia
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. Jewellery purity, by contrast, is governed separately by the Federation of Goldsmiths and Jewellers Associations of Malaysia (FGJAM) and independent assay houses, with 916 (22K) the dominant standard for retail jewellery.
Market notes for Malaysia
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 jewellery.
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.
Tax and duty notes for Malaysia
As of June 8, 2026, Malaysia charges a 10% import duty on LBMA-standard physical gold bars, ending a historic exemption. Gold meeting Investment Precious Metals (IPM) criteria (99.5%+ purity) remains exempt under Malaysia's Sales and Service Tax (SST), and gold jewellery is fully exempt from SST too — a structure dating to SST's 2018 introduction after Malaysia abolished GST.
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
Live prices
By purity · per g
- 24 karat24 Karat (999.9)MYR 570.33per g
- 22 karat22 Karat (916.7)MYR 522.88per g
- 21 karat21 Karat (875)MYR 499.09per g
- 18 karat18 Karat (750)MYR 427.79per g
- 14 karat14 Karat (583.3)MYR 332.71per g
- 10 karat10 Karat (416.7)MYR 237.68per g
Gold Price by Purity
Live prices in MYR.
| Purity | Per g | Per oz t | Per tola | Per kg |
|---|---|---|---|---|
| 24 karat (999.9) | MYR 570.33 | MYR 17,739.29 | MYR 6,652.23 | MYR 570,331.39 |
| 22 karat (916.7) | MYR 522.88 | MYR 16,263.23 | MYR 6,098.71 | MYR 522,875.07 |
| 21 karat (875) | MYR 499.09 | MYR 15,523.43 | MYR 5,821.29 | MYR 499,089.87 |
| 18 karat (750) | MYR 427.79 | MYR 13,305.80 | MYR 4,989.67 | MYR 427,791.32 |
| 14 karat (583.3) | MYR 332.71 | MYR 10,348.36 | MYR 3,880.64 | MYR 332,707.57 |
| 10 karat (416.7) | MYR 237.68 | MYR 7,392.70 | MYR 2,772.26 | MYR 237,680.86 |
Gold Calculator
Calculate the value of any amount of gold in any purity and currency.
Estimated value
MYR 570.33
MYR 570.33 per gram at selected purity
Trend
Last 30 days
Per gram · MYR
- Change
- -1.86%
- Low
- MYR 562.03
- High
- MYR 613.90
Historical data is presented from the site's retained market samples and daily rollups.
View full history →Currency
About the Malaysian Ringgit (MYR)
Gold in Malaysia is quoted in Malaysian Ringgit (MYR, RM). Our engine converts the international spot price using the live USD/MYR exchange rate.
- 1 USD in MYR
- 4.08
- 1 MYR in USD
- 0.245098
- Decimals
- 2
Related markets
Nearby gold markets
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.
Gold weight units
Gold terminology for this page
Explore KmalServico
Methodology
How we calculate the price
- We fetch the international spot gold price (XAU/USD) live from gold-api.com + xaus.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.
