How to Sell Gold in Singapore: Value, Quotes & Buy-Back
Selling physical gold in Singapore is usually straightforward if you’re holding a recognised bullion product. The important number isn’t the dealer’s selling price. It’s the buy-back price you’re actually being offered. This page owns the selling process. For where to sell (provider/channel choice), see where to sell gold in Singapore. For buy-back pricing mechanics, see Gold Buy-Back Price.
- • Assessed weight (gross vs net gold weight)
- • Assessed purity (independent test vs dealer mark)
- • Deductions and fees
- • Item / product acceptance
- • Final amount payable
Do not compare incomparable headline per-gram figures. A pawn loan value and an outright sale offer are economically different even for the same item.
The reference value is not a promised buy-back price. A buyer’s current purchase offer may differ because of verification, product recognition, resale/refining economics, buyer margin and conditions. Do not state as an absolute that buy-back must always be below reference.
Identify your gold correctly
Before valuing the gold, identify what you actually have. Jewellery and bullion are valued differently.
Jewellery
For jewellery, consider:
- Purity (e.g. 916, 750, 585)
- Gross weight vs actual gold weight
- Stones and non-gold content
- Workmanship value vs scrap gold value
Bullion
For bullion bars and coins, consider:
- Exact product (e.g. PAMP 100g, 1kg cast bar)
- Weight and fineness
- Refiner or mint
- Assay packaging where relevant
Do not value bullion using jewellery assumptions, or jewellery using bullion assumptions. The economics are different.
Value your gold
Use the Gold Value Calculator to estimate the underlying gold-content value of your item. This is the gold content worth, not an expected sale price, not a pawn value and not a guaranteed buy-back offer.
Gold Value Calculator
This estimate reflects the underlying gold content. Actual dealer offers can differ based on product type, testing, condition, resale demand and dealer margin.
Sell vs pawn: know the difference
An outright sale transfers ownership immediately. The buyer pays you a final amount. This is a sale, not a loan.
A pawn loan uses the item as collateral for a loan. Ownership does not transfer unless the item is forfeited. The loan value is not a sale price.
Do not treat a pawn valuation as a buy-back or sale price. A pawn loan value and an outright sale offer can be materially different even for the same item. For a full side-by-side comparison and a decision aid, see Pawn vs Sell Gold. For pawn-specific mechanics, see pawn gold pricing.
Compare quotes carefully
When comparing offers, look beyond the headline per-gram figure. Compare:
- Assessed weight (gross vs net gold weight)
- Assessed purity (independent test vs dealer mark)
- Deductions and fees
- Item / product acceptance
- Final amount payable
Do not compare incomparable headline per-gram figures. A dealer offering S$85/g on a recognised 100g bar and a pawnbroker offering S$70/g on jewellery with stones are not the same transaction.
Buy-back is not a guaranteed price
The reference value is not a promised buy-back price. A buyer’s current purchase offer may differ because of:
- Verification requirements
- Product recognition
- Resale / refining economics
- Buyer margin
- Conditions (packaging, provenance, account status)
Do not state as an absolute that buy-back must always be below reference. In some conditions a buyer’s offer can approach or exceed reference; in others it can be well below. The relationship depends on the product, the buyer and the conditions at the time.
Reference value vs your actual offer
Are larger bars easier to sell?
Larger recognised bars often trade with tighter percentage spreads, but they aren’t automatically more convenient. A one-kilogram bar has to be sold as a one-kilogram bar. Someone holding ten 100g bars has the option of selling only part of the position. That flexibility is one reason the cheapest bar per gram isn’t always the best bar for every buyer. See the best gold bar size to buy.
