AuGold Price Per Ounce in Malaysia

Live gold price per troy ounce in Malaysia, quoted in Malaysian Ringgit (MYR). The troy ounce is the unit in which gold is quoted on every major international market — this page converts that benchmark into MYR.

Updated: Jul 7, 2026, 4:30 AM ET

24K / 999 · XAU/MYR

MYR 16,862.86

per troy ounce · MYR 542.15 per gram

Today -150.65 (-0.89%)

Gold Price in Malaysia Today (MYR)

24K gold per gramMYR 542.15
22K gold per gramMYR 496.97
916 gold per gramMYR 496.97
18K gold per gramMYR 406.62
Gold price per troy ounce (24K)MYR 16,862.86

Gold Price in Malaysia

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Why gold is quoted per troy ounce

Gold has been quoted per troy ounce since the era of the London gold market, and the convention stuck: COMEX futures, the LBMA benchmark, and spot FX-style XAU/USD quotes are all per troy ounce. A troy ounce weighs 31.1034768 grams — about 10% heavier than the common (avoirdupois) ounce of 28.35 grams used for everyday goods. When you see a headline gold price, it is almost always USD per troy ounce.

The ounce price in MYR

The XAU/MYR rate on this page is the international USD ounce price converted at the live USD/MYR exchange rate. That means the MYR ounce price can move even when gold itself is flat, purely because the exchange rate moved.

Malaysian gold shops quote prices in Ringgit per gram rather than per ounce. The gram price you see in a shop window is based on the same international XAU/USD spot price shown on this page, converted to MYR and adjusted for the shop's buy/sell spread.

Frequently Asked Questions

What is the gold price per ounce in Malaysia today?

The live gold price per troy ounce in MYR is displayed at the top of this page. It is the international XAU/USD spot price converted at the current USD/MYR exchange rate and updates throughout the trading day.

How many grams are in a troy ounce of gold?

One troy ounce equals exactly 31.1034768 grams. This is heavier than the standard avoirdupois ounce (28.3495 grams) — precious metals always use troy ounces.

Why did the ounce price change when the world gold price didn't?

Because the MYR ounce price has two inputs: the USD gold price and the USD/MYR exchange rate. If the Malaysian Ringgit weakens against the dollar, the local ounce price rises even with gold unchanged — and vice versa.

Do shops sell gold by the ounce?

Most retail gold in Malaysia is sold by the gram, while the ounce is mainly a quoting convention for markets and bullion products such as 1 oz coins and bars. Use the per-gram page to see today's gram rates.

More Malaysia gold price pages