Gold Investment Calculator Malaysia
Calculate your profit or loss on physical gold — enter your buy price, sell price and weight in grams to see the return instantly.
10.000 grams
Results
Total Cost
RM 3,720.00
Current Value
RM 3,850.00
Profit / Loss
+RM 130.00
+3.49% return
* Does not include storage fees, making charges or transaction costs.
How the gold calculator works
This gold investment calculator works out the profit or loss on a physical gold holding. Enter the price you bought at, the price you are selling at, and the weight in grams — it returns your gain or loss in ringgit and as a percentage. Because gold in Malaysia is quoted per gram, the maths is simply the sell price minus the buy price, multiplied by the weight.
Malaysian dealers — banks, Public Gold, Maybank and jewellers — price gold per gram, and the rate moves throughout the day with the global spot price and the US dollar to ringgit exchange rate. Gold trades in US dollars internationally, so a weaker ringgit pushes the local price up even when the dollar price is flat.
Gold purity: 999 vs 916
Purity matters when you compare prices. Investment gold is usually 999.9 (also called 24K, the purest form), while jewellery is commonly 916 (22K) or 835 (20K). A gram of 916 gold contains 91.6% pure gold, so it is priced below 999 gold gram-for-gram. When you buy or sell, make sure you are comparing the same purity.
The buy–sell spread
The single most important thing for a gold investor to understand is the buy–sell spread. A dealer sells gold to you at a higher price than it will buy it back from you, and that gap — often a few percent — is a cost you pay upfront. It means the spot price has to rise by more than the spread before you break even. This calculator uses the actual prices you enter, so it already reflects your real spread. When you shop around, always compare a dealer's buy-back price, not just its selling price.
Tax on gold in Malaysia
Is there tax on gold in Malaysia? Investment-grade gold — 999.9 bullion bars and coins — is generally exempt from Sales and Service Tax (SST), which is one reason it is a popular store of value. Jewellery and workmanship can attract charges. Rules change, so confirm the current treatment before a large purchase.
Gold calculator FAQ
Gold is quoted per gram, and the price moves with the global spot price and the US dollar to ringgit exchange rate. Because gold trades in US dollars, a weaker ringgit raises the local per-gram price even if the dollar price is unchanged.
Purity. 999 (24K) is 99.9% pure gold, used for investment bars and coins. 916 (22K) is 91.6% pure and common in jewellery, so it is priced lower per gram. Always compare gold of the same purity.
Dealers buy back gold below the price they sell it to you. That spread is an upfront cost — the price has to rise past it before you profit. Compare a dealer's buy-back price, not just its selling price.
Investment-grade gold (999.9 bars and coins) is generally SST-exempt, while jewellery may carry charges. Tax rules change, so verify the current position before buying a large amount.
The global US-dollar spot price, the USD/MYR exchange rate, interest rates, inflation expectations and safe-haven demand during uncertainty all feed into the local per-gram price.
Physical gold (bars and coins) you hold yourself, but you pay a spread and need safe storage. Paper or account gold — such as a bank gold investment account — is easier to buy and sell, but you do not hold the metal. Each suits different goals.
Checking the current rate? See today's gold price in Malaysia per gram →
This calculator is general information, not personalised financial advice. Gold prices and dealer spreads are indicative — confirm current prices with your dealer before trading.