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24K Gold Rate in Malaysia Today (23 April 2026)

Today’s prices

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Updated: 23 Apr 2026, 12:37
24K Gold
-MYR 6.00 (-0.96%)
MYR 619.00 / g
10g: MYR 6,190.00

Today's Gold Price by Weight

Weight24K (999)
1 gramMYR 619.00
8 gramsMYR 4,952.00
10 gramsMYR 6,190.00
1 Tola (11.664g)MYR 7,220.02
100 gramsMYR 61,900.00

Disclaimer: Rates are indicative and may vary by jeweller. Making charges and local taxes may apply.

Market Analysis

Today's gold rate in Malaysia is MYR 579.00 per gram for 22k gold. The price has decreased by 1.03% compared to yesterday. Over the last 30 days, the highest recorded rate was MYR 593.00 on 19 April and the lowest was MYR 576.00 on 13 April. The market has shown moderate volatility of 2.95% this month.

Gold Investment Guide for Malaysia

Digital Gold vs Physical Gold
In Malaysia, you can buy physical gold from local jewelers or digital gold through apps. Physical gold incurs making charges (8-25%), while digital gold is pure 24K investment with no making charges, stored in insured vaults.
Taxation on Gold
Gold jewelry purchases attract 3% GST. If you sell physical gold within 3 years, Short Term Capital Gains (STCG) tax applies. After 3 years, Long Term Capital Gains (LTCG) tax is applicable at 20% with indexation benefits.
Checklist Before Buying
1. Check the BIS Hallmark (Triangle + Purity + 6-digit code).
2. Compare Making Charges across jewelers in Malaysia.
3. Ensure the invoice includes the HUID code for buyback assurance.

24K Gold (999 Purity) Investment Prices in Malaysia per Gram

Today, the 24K gold rate in Malaysia is MYR 619.00 per gram. Referred to as 999 purity, 24K is the purest gold in Malaysia, ideal for investment coins and bars rather than jewelry due to its natural softness.

Malaysia is a significant Southeast Asian gold market with gold priced in Malaysian Ringgit (MYR). Kuala Lumpur's Chinatown (Petaling Street) and Little India (Brickfields) are the main gold jewellery hubs. Islamic gold investment products including gold savings accounts (offered by banks like Maybank and CIMB) are popular among the Muslim majority. 916 gold (22K) is the Malaysian standard for jewellery — the government mandates hallmarking under KPDNHEP standards. Indian Tamil expats in Malaysia, one of the largest Indian diaspora communities in Southeast Asia, actively purchase traditional South Indian gold jewellery. Rates track the international spot price with a MYR conversion.

Get the latest 24K gold price in Malaysia per gram. Track live 999 purity trends and investment updates for Malaysia today.

Trend

Trend graph
Low: MYR 619.00High: MYR 630.00
MYR 631.65MYR 628.08MYR 624.50MYR 620.93MYR 617.3514 April 202623 April 2026
DatePrice / gChange / g
23 April 2026MYR 619.00-MYR 6.00 (-0.96%)
22 April 2026MYR 625.00MYR 0.00 (+0.00%)
21 April 2026MYR 625.00-MYR 1.00 (-0.16%)
20 April 2026MYR 626.00-MYR 4.00 (-0.63%)
19 April 2026MYR 630.00MYR 0.00 (+0.00%)
18 April 2026MYR 630.00+MYR 8.00 (+1.29%)
17 April 2026MYR 622.00-MYR 8.00 (-1.27%)
16 April 2026MYR 630.00MYR 0.00 (+0.00%)
15 April 2026MYR 630.00+MYR 9.00 (+1.45%)
14 April 2026MYR 621.00+MYR 5.00 (+0.81%)

Gold Rate in Other Cities

FAQ

Why is 24K gold not used for jewelry in Malaysia?

24K gold is 99.9% pure and extremely soft. If used for jewelry, it would easily bend or break. Jewelers in Malaysia recommend 22K or 18K for durability.

Is 24K gold in Malaysia a good investment?

Yes, 24K gold bars and coins are the most liquid investment assets in Malaysia. They offer the highest resale value because there is no purity loss during melting.

What does 999 purity mean for 24K gold?

999 purity means the gold is 99.9% pure. When buying 24K gold in Malaysia, always look for the 999 mark to ensure you are getting investment-grade bullion.

Can I convert my 24K coins into jewelry in Malaysia?

Yes, you can take 24K coins to any jeweler in Malaysia. They will melt it and add alloys to create 22K or 18K jewelry, though you will pay making charges for the new ornaments.

How can I check if my 24K gold is real in Malaysia?

Look for the BIS Hallmark and the 999 purity stamp. You can also visit an acid-testing center or use an XRF machine at reputable gold dealers in Malaysia.