🇲🇾 Gold Rate Today in Penang, Malaysia · Monday, 02 November 2026
What is the gold rate in Penang, Malaysia today?
Gold rate in Penang, Malaysia today (2 November 2026): 999 (24K) gold is MYR 508.70 per gram. 916 (22K) is MYR 466.44 per gram.
Last updatedToday Gold Price in Penang, Malaysia
| Yesterday | 506 |
| 30-day high | 552 |
| 30-day low | 506 |
| 30-day average | 536 |
Volatility: Moderate (1.07% daily) · 30-day change Down (-6.37%)
Gold Price by Weight in Malaysia
| Weight | 999 (24K) | 916 (22K) |
|---|---|---|
| 1 Gram | MYR 508.70 | MYR 466.44 |
| 2 Gram | MYR 1,017 | MYR 932.88 |
| 5 Gram | MYR 2,544 | MYR 2,332 |
| 8 Gram | MYR 4,070 | MYR 3,732 |
| 10 Gram | MYR 5,087 | MYR 4,664 |
| Ounce | MYR 15,822 | MYR 14,508 |
| 100 Gram | MYR 50,870 | MYR 46,644 |
| 1 Kg | MYR 508,703 | MYR 466,439 |
Gold Rate in Penang, Malaysia Today (MYR)
| Karat | Per Gram | Per 8 Gram | Per 10 Gram |
|---|---|---|---|
| 999 (24K) | MYR 508.70 | MYR 4,070 | MYR 5,087 |
| 916 (22K) | MYR 466.44 | MYR 3,732 | MYR 4,664 |
| 750 (18K) | MYR 381.91 | MYR 3,055 | MYR 3,819 |
Change since yesterday: Up (+0.71%)
Popular gold coins & bars in Malaysia
| Coin / bar | Gold content | Price today |
|---|---|---|
| 1 oz gold bar 999.9 | 31.1 g | MYR 15,837 |
| 100 g gold bar 999.9 | 99.99 g | MYR 50,916 |
Price of the gold in each piece at today's rate. Dealers add a premium (usually 1–5% for coins, less for large bars).
Gold Price Chart — Malaysia
Gold Price Performance — Malaysia (per gram)
| Period | Then | Change | % |
|---|---|---|---|
| 7 Days | MYR 527.45 | -18 | -3.46% |
| 15 Days | MYR 546.71 | -37 | -6.86% |
| 30 Days | MYR 543.87 | -35 | -6.37% |
| 3 Months | MYR 534.44 | -25 | -4.72% |
| 6 Months | MYR 584.86 | -76 | -12.93% |
| 1 Year | MYR 539.17 | -30 | -5.56% |
| 2 Years | MYR 385.17 | +124 | +32.20% |
Gold in Penang: what to know
Today's 999 (24K) gold price in Penang, Malaysia is MYR 509.21 per gram, up 0.71% from the previous day and down 6.37% over the last 30 days. In the last 30 days it has ranged from MYR 505.63 to MYR 551.96. The exchange rate used is 1 US dollar = 4.057 MYR.
Malaysian goldsmiths use fineness marks: 999 (24K), 916 (22K) and 750 (18K). Prices are quoted per gram in ringgit and follow the international price and the ringgit–dollar exchange rate. 916 gold is the usual choice for jewellery and 999 for bars and coins.
Shops list a selling price and a lower buying price; the figure here is the value of the metal.
The Penang rate follows the Malaysia rate shown above; individual shops add their own making charges and margin.
Gold Rate in Malaysia Cities Today
10 cities| City | 999 (24K) / Gram | 916 (22K) / Gram |
|---|---|---|
| Kuala Lumpur | MYR 508.70 | MYR 466.44 |
| Penang | MYR 508.70 | MYR 466.44 |
| Johor Bahru | MYR 508.70 | MYR 466.44 |
| Ipoh | MYR 508.70 | MYR 466.44 |
| Shah Alam | MYR 508.70 | MYR 466.44 |
| Petaling Jaya | MYR 508.70 | MYR 466.44 |
| Kota Kinabalu | MYR 508.70 | MYR 466.44 |
| Kuching | MYR 508.70 | MYR 466.44 |
| Malacca | MYR 508.70 | MYR 466.44 |
| Seremban | MYR 508.70 | MYR 466.44 |
Gold trades at one national rate in Malaysia; jewellers in each city may add small local premiums and making charges.
Quick Answers
What is the Gold rate in Penang, Malaysia today?
999 (24K) gold is MYR 508.70 per gram and MYR 508.70 per gram today (02 Nov 2026).
How is the Gold price in Malaysia calculated?
It is the international spot price converted to MYR at today's exchange rate. Jewellery prices add making charges and any local taxes.
What units are used for gold here?
Common units in Malaysia: Gram = 1 g, 8 Gram = 8 g, 10 Gram = 10 g, Ounce = 31.1035 g, 100 Gram = 100 g, Kg = 1,000 g.
What is the gold price in Malaysia in Pakistani rupees?
24K gold in Malaysia works out to about Rs 34,734 per gram, compared with Rs 35,256 in Pakistan (1.5% cheaper). This is the metal value only — local taxes, making charges and customs rules are extra.
Which gold karats are sold in Malaysia?
Common karats in Malaysia are 999 (24K), 916 (22K), 750 (18K). 999 (24K) is the purest; lower karats are harder and cheaper per gram.
Is the gold rate in Penang different from the rest of Malaysia?
The gold rate in Penang follows the same international price and exchange rate as the rest of Malaysia, so it is usually the same or very close. Shops differ mainly in making charges.
What is 916 gold?
916 gold is 91.6% pure — the same as 22K. It is the standard jewellery gold in Malaysia, harder than 999 (24K) gold.
