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🇲🇾 Gold Price Today in Malaysia | RM21,211
Live gold price in Malaysian Ringgit (MYR) — updated every 5 minutes
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (MYR)
RM681.94
Per Troy Oz (MYR)
RM21,211
Per Kg (MYR)
RM681,940
USD/Gold Spot
$4,512.92/oz
USD/MYR Rate
1 USD = 4.7 MYR
MYR per gram
RM681.94
Gold Market in Malaysia
Malaysia has a growing gold investment market supported by Islamic finance principles — gold is a Shariah-compliant asset and several Malaysian institutions offer gold savings accounts compliant with Islamic law. Bank Negara Malaysia holds approximately 38 tonnes of gold reserves. Bursa Malaysia Derivatives trades gold futures under the KGLD contract.
Why do people in Malaysia buy gold?
Malaysian investors are attracted to gold's Shariah compliance, inflation-hedge properties, and protection against ringgit weakness. Maybank and Public Bank offer gold investment accounts (GIA) that allow Malaysians to buy fractional gold at competitive rates. The ringgit's periodic weakness amplifies gold returns in local currency terms.
Frequently Asked Questions — Gold in Malaysia
What is the gold price today in Malaysia in ringgit?
Malaysia gold prices in MYR are quoted by Maybank Gold, Public Gold, and Bursa Malaysia. Prices track the international USD spot price converted at the USD/MYR rate, plus a small dealer spread.
Is gold investment halal in Malaysia?
Yes. Gold is considered a Shariah-compliant investment asset in Malaysia. Islamic gold products must involve physical backing and avoid interest (riba). Bank Islam, Maybank Islamic, and Public Gold offer Shariah-compliant gold accounts and products.
What is Public Gold in Malaysia?
Public Gold is Malaysia's leading physical gold dealer and is an authorized distributor of investment gold products including wafers, bars, and coins. They operate a nationwide dealer network and online trading platform.
Is there SST on gold in Malaysia?
Investment gold in Malaysia is subject to 10% Sales and Services Tax (SST). This affects the total cost of physical gold purchases. Some Islamic gold savings accounts may have different tax treatments — check with your specific institution.