Gold price per tael: Hong Kong vs mainland China
A Hong Kong tael weighs 37.429 g; a mainland China metric tael weighs 50 g. These are different weights, not different gold prices. Confirm the weight and fineness before comparing a Hong Kong jeweller's quote with a mainland quote.
| Standard | Grams | HKD | CNY | USD | SGD |
|---|---|---|---|---|---|
| Hong Kong tael | 37.429 | — | — | — | — |
| Mainland China tael | 50 | — | — | — | — |
Spot value = USD price per troy ounce ÷ 31.1034768 × tael weight × current exchange rate. Multiply by the tested fineness for jewellery; a 999 hallmark represents 99.9% gold. Local retail premiums, making charges and a buyer's deductions are separate.
Gold market chart
Historical benchmark in MYR per troy ounce; weight conversions are shown in the tables.
Gold Price Chart in MYR per Tael (Hong Kong)
Live gold price history in Malaysian Ringgit (MYR) per tael (hong kong). Toggle 24H, 7D, 30D, and 1Y ranges to analyze gold trends.
Quick Calculator
Calculate gold value
= 37.4290 grams
= 1.203370 troy ounces
Price per tael: —
Gold price by currency
Fine gold per tael (hong kong) · current exchange rates
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US Dollar
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Gold price by weight
| Weight | Grams | Spot value (MYR) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
Gold price by karat & hallmark
Metal-only melt value; stones and making charges are not included.
What is a Tael (Hong Kong)? Gold weight, conversions and local use
Definition. The Hong Kong tael (37.429 g, 1.20337 troy ounces) is the contract unit of the Chinese Gold & Silver Exchange Society. Locally it is written 司馬両. One tael (hong kong) equals 37.429 grams, or 1.20337 troy ounces, which at today's gold spot price works out to — MYR.
Where it is used. Hong Kong dealers quote loco-HK gold in taels, and 5-tael cast bars are the classic regional investment format. The unit is the trading standard in Hong Kong.
Pricing conventions. The local tael quote can trade at a small premium or discount to the London ounce price, and that spread is watched as an indicator of mainland Chinese demand. Gold is the metal most often traded in these traditional units, because jewellery and savings demand kept the old weights alive long after industry went metric.
Good to know. Hong Kong jewellery is also sold in 'chi' and 'fan' — one tenth and one hundredth of a tael respectively.
Gold price per Tael (Hong Kong) in MYR — quick conversion table
| Quantity | Grams | Troy ounces | Value (MYR) |
|---|---|---|---|
| 1 tael (hong kong) | 37.429 g | 1.2034 oz t | — |
| 5 tael (hong kong)s | 187.145 g | 6.0169 oz t | — |
| 10 tael (hong kong)s | 374.29 g | 12.0337 oz t | — |
| 100 tael (hong kong)s | 3,742.9 g | 120.3370 oz t | — |
Values are calculated from the live XAU spot price converted into Malaysian Ringgit and refresh with the price above.
Buying Gold in Malaysia: local market, taxes and premiums
At the live price shown above per tael (hong kong), the price you see here is the international XAU spot price converted into Malaysian Ringgit. Physical buyers in Malaysia pay that reference plus a premium, and local trading is concentrated around Kuala Lumpur, with Poh Kong and Habib the largest retail chains. Buyers there generally watch the Bank Negara Kijang Emas price in ringgit as the day's reference.
Taxes and duties. There is no GST in Malaysia, and investment precious metals were exempt when GST existed, so bullion trades near spot plus premium. Gold is the deepest of the four precious metals markets, so local retail spreads are usually the tightest and buy-back is easiest. That is why the shop price of gold in MYR can sit noticeably above the spot value of the same tael (hong kong) of metal.
How people usually buy. The common routes in Malaysia are Poh Kong and Habib outlets, bank gold investment accounts (GIA), online dealers and Islamic gold accounts. The products most often quoted locally include Kijang Emas coins, 1 g to 100 g bars, 916 jewellery.
Local conventions. 916 (22K) jewellery dominates retail and Shariah-compliant gold accounts must settle on a spot basis under BNM rules. Before you buy, compare the dealer's asking price per tael (hong kong) with the live gold price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline MYR quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Malaysia can change.
Other Precious Metals in MYR
Compare prices across different precious metals
About Gold Price in MYR
What is Gold?
Gold is a chemical element with symbol Au and atomic number 79. It is a dense, soft, malleable metal that has been used as a store of value for thousands of years.
History
Gold has been known and used by artisans since the Chalcolithic age. Egypt and especially Nubia had the resources to make them major gold-producing areas for much of history.
Common Uses
Interesting Facts
- •Gold is one of the least reactive chemical elements
- •All the gold ever mined would fit in a cube about 21 meters on each side
- •Gold is so malleable that a single gram can be beaten into a sheet of 1 square meter
Gold Price Per Tael (Hong Kong) in Malaysian Ringgit
The current gold price per tael (hong kong) in Malaysian Ringgit (MYR) is updated in real-time based on international market rates. Gold is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling gold in Malaysia, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in tael (hong kong)s, which may be more practical for local transactions.
The Hong Kong tael is the most widely traded tael for gold and silver, equal to 37.429 grams (1.20337 troy ounces). It is the standard tael used by the Chinese Gold & Silver Exchange Society. This unit is commonly used when trading gold in various markets around the world.
Gold Long-Term Returns vs Current MYR Price
How gold has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Malaysia investors tracking gold in MYR.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Gold price in MYR – FAQ
How many grams are in a Hong Kong tael of gold?
A Hong Kong tael weighs 37.429 grams. Multiply the live fine-gold price per gram by 37.429 for its spot value; adjust for the tested fineness for jewellery.
Is a mainland China tael the same weight?
No. A mainland China metric tael weighs 50 grams, compared with 37.429 grams in Hong Kong. The larger weight has a proportionally higher metal value at the same spot price.
Can I compare gold tael prices in HKD, CNY, USD and SGD?
Yes. The comparison table shows both 37.429 g and 50 g taels in HKD, CNY, USD and SGD using the same live USD gold quote and current exchange rates. Retail premiums and jewellery making charges are excluded.
How much does one ounce of gold cost in MYR today?
One troy ounce of gold currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XAU/MYR rate.
What is the current gold rate in Malaysia today?
The current gold rate in Malaysia is the live spot price shown on this page per tael (hong kong). Prices refresh every 5 minutes and follow the international Gold spot price converted to Malaysian Ringgit.
How much is 1 tael (hong kong) of gold in MYR?
1 tael (hong kong) of gold equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the MYR exchange rate (1 tael (hong kong) = 37.429 grams).
Do I pay tax or VAT when buying gold in Malaysia?
There is no GST in Malaysia, and investment precious metals were exempt when GST existed, so bullion trades near spot plus premium. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per tael (hong kong) more than small differences in the MYR spot quote.
Where do people usually buy gold in Malaysia?
The usual routes are Poh Kong and Habib outlets, bank gold investment accounts (GIA), online dealers, Islamic gold accounts. Local trading is centred on Kuala Lumpur, with Poh Kong and Habib the largest retail chains, and the products most often quoted are Kijang Emas coins, 1 g to 100 g bars, 916 jewellery.