Here’s a comprehensive table with all you need to know about 916 Gold Price in Singapore:
Aspect
Details
Gold Purity
91.6% pure gold (22 karat)
Alternative Names
22K gold, 916 gold
Composition
91.6% gold, 8.4% other metals
Price Indicator
Per gram
Current Price
S$84.00 per gram (as of the last update)
Market Position
Middle ground between 24K and 18K gold
Popularity
Prominent in Singapore for trading, investment, and jewelry
Durability
Superior quality and durability compared to higher karat gold
Price Fluctuation
Prices updated in real-time, subject to market changes
Price Factors
Global gold rates, currency exchange rates, local demand
Common Uses
Jewelry, investment
Buying Options
Jewelry stores, pawnshops, gold dealers
Selling Options
Pawnshops, gold dealers, jewelry stores
Price Comparison
Lower than 999 (24K) gold, higher than 18K gold
Investment Potential
Considered a stable investment option
Cultural Significance
Popular for traditional and modern jewelry designs
This table provides a comprehensive overview of 916 gold pricing and characteristics in Singapore. Remember that gold prices are subject to frequent changes, so it’s advisable to check with reputable dealers or financial institutions for the most up-to-date pricing information.