Confidential buyback, CBD to Changi
Sell Gold in Singapore
Some of what comes to us in Singapore is a single ring. More of it, honestly, is a collection built up over twenty or thirty years: a run of Krugerrands bought through the 1980s, a few Maple Leafs added since, a drawer of jewellery nobody in the family wears anymore. Liquidating that kind of collection properly, all at once, at a fair price, is a different job from selling one bracelet.
Singapore's own buyback market makes the case for doing this carefully. Payouts for the same item reportedly vary 15-30% between buyers in this city alone, and the wider pattern holds across the trade: reputable, assay-first dealers pay 80-92% of melt on jewellery and scrap, while the same piece can fetch far less at an informal cash-for-gold counter. A collection worth liquidating is worth a proper comparison first.
What your gold is actually worth in Singapore
Every buyer starts from the same spot price, about SGD 177 a gram for 24k retail in late September 2026, itself a reflection of gold near $4,298 an ounce internationally. What changes between buyers is how close to that number your item gets priced, and whether the percentage is ever put in writing. Our guide on how to verify a gold bar is real covers the bar side in more depth. Singapore also has its own LBMA-accredited refiner, Metalor Singapore, so verified scrap and inherited gold can be assayed and reprocessed without the metal ever leaving the island.
| Item type | How it is valued |
|---|---|
| Bullion bars, 100g bars and 1oz bars | Priced at live spot once serial and assay are verified. 99.5%+ purity bars also carry Singapore's GST exemption as Investment Precious Metals, one more reason authenticity gets checked first. |
| Recognized coins: Krugerrand, Maple Leaf, Philharmonic | Valued at spot by fine-gold content. Qualifying 99.5%+ legal-tender coins share the GST exemption; condition and the dealer's own standing matter more than any serial, since coins carry none. |
| 22k jewellery | XRF-tested for karat, fine-gold weight calculated net of stones and clasps, quoted as a written percentage of live spot: 80-92% at a reputable, assay-first buyer. |
| Mixed scrap and broken pieces | Same karat test, same percentage-of-melt pricing as jewellery. The market range runs 40-92% of melt, and reported payouts for identical items have varied 15-30% between buyers here. |
| Possible numismatic coins | Set aside from any melt quote until checked. An older or unusual coin can carry a collector premium well above melt, so grading comes first. |
Our process, in five steps
Whether it is one piece or the whole collection, the steps do not change.
- Send photos on WhatsApp first, for a preliminary read before you commit to a trip into the CBD.
- Come in for an in-person XRF assay. You watch the test; the karat reading is not something you take on faith.
- We quote as a written percentage of live spot, not a verbal market rate.
- ID and due diligence, every time. Under the PSPM Act 2019, any cash deal above SGD 20,000 requires a Cash Transaction Report, and we run the same checks on smaller trades too. A registered dealer asking for ID is doing its job properly, not being difficult.
- Settlement the same day you accept the offer.
Comparing quotes already? Send us photos and we will give you a preliminary read against live spot before you commit to anyone.
Get a valuationSelling a collection you inherited, not one you built
Liquidating your own collection is one thing. Liquidating someone else's, as the executor or simply the relative who ended up with the safe deposit box, is another, because you are missing the paperwork a normal sale would have. That is common, and it does not stop a sale. We are not lawyers: if the estate is still being settled, confirm with your own lawyer that you are clear to sell before you come in. Operationally we ask for less: your ID, and if the gold is not already yours on paper, whatever shows you are the rightful seller. Our guide to selling inherited gold walks through the fuller process; it is written around Dubai's rules, but the valuation logic is identical here.
- Grant of probate, or the local equivalent, if the estate is still open
- Any old valuation, insurance schedule or receipt, however out of date
- A will, or the relevant extract, naming you as beneficiary
- None of the above: we can still assay and quote, these just speed up settlement
Coins worth a second look before anyone melts anything
Singapore's own gold history runs through Empire-era trade much like Dubai's or Hong Kong's, and sovereigns and older coins turn up in local family holdings for the same reason. A modern bullion-strike sovereign prices close to its 7.322 grams of fine content. An older one, especially a pre-1932 or branch-mint date, is priced completely differently.
Melt is the floor, never the ceiling, on a coin like that. A common circulated gold coin might sell for a little over melt; a genuinely rare date, once graded by PCGS or NGC and compared against realized auction results rather than a dealer's asking price, can be worth many multiples of it. It is the most common surprise in an inherited collection: something the family assumed was just scrap that turns out to carry real numismatic value, checked before it goes anywhere near a melt quote, not after.
Frequently asked questions
Do I need the original receipts to sell inherited gold in Singapore?
No. We value inherited gold by an independent XRF karat test and the day's spot price, not by whatever paperwork survived. Old receipts or valuations help confirm history, but a fair quote does not depend on producing them.
Can I sell a mixed collection in one visit, or does each piece need its own appointment?
One visit covers the whole collection. We assay each piece or batch, jewellery separately from coins and bars, and give you one written quote broken down by item so you can see how each figure was reached.
What paperwork does Singapore actually require to sell gold?
Regulated dealers under the PSPM Act 2019 run customer due diligence on every trade and file a Cash Transaction Report on any cash deal above SGD 20,000. A dealer who skips this is not a registered one, whatever the shopfront looks like.
Is it true payouts vary that much between buyers here?
Yes. Reported payouts for identical items have varied 15-30% between buyers in Singapore's own market. That gap is exactly why we quote as an explicit written percentage of spot and encourage you to compare it against any other offer you already have.
Get an honest number before you sell anywhere
One assay, one written quote as a percentage of spot. Compare it against any other offer you already have.
Get a valuation