{"id":21369,"date":"2026-10-12T04:59:10","date_gmt":"2026-10-12T03:59:10","guid":{"rendered":"https:\/\/metalsradar.com\/gst-on-gold-singapore\/"},"modified":"2026-10-12T16:27:49","modified_gmt":"2026-10-12T15:27:49","slug":"gst-on-gold-singapore","status":"publish","type":"page","link":"https:\/\/metalsradar.com\/sg\/gst-on-gold-singapore\/","title":{"rendered":"Tax on gold in Singapore: GST and capital gains"},"content":{"rendered":"<div class=\"tx-page\"><h1>Tax on gold in Singapore: GST and capital gains calculator<\/h1><p class=\"tx-lead\">Investment Precious Metals (gold, silver and platinum of investment grade) are exempt from GST in Singapore; other metal pays 9%. Singapore has no capital gains tax for individuals who hold metal as an investment.<\/p><script type=\"application\/json\" id=\"tx-data\">{\"mk\":\"sg\",\"locale\":\"en-SG\",\"cur\":\"SGD\",\"buy\":{\"tax_name\":\"GST\",\"inv_title\":\"GST exempt: Investment Precious Metals\",\"inv_text\":\"Sales of IPM have been exempt from GST since 1 October 2012 (IRAS e-Tax Guide on IPM). The purity is met; the bar's refiner or the coin's listing also has to qualify.\",\"inv_src\":[\"IRAS e-Tax Guide: GST exemption of Investment Precious Metals\",\"https:\/\/www.iras.gov.sg\/media\/docs\/default-source\/e-tax\/gst-guide-on-exemption-of-investment-precious-metals7f0062ff-780a-4a53-90fa-e1f3b1e25770.pdf\"],\"std_text\":\"9% GST applies to metal that is not IPM: all palladium, jewellery, lower purity, and numismatic or collector coins.\",\"std_src\":[\"IRAS e-Tax Guide: GST exemption of Investment Precious Metals\",\"https:\/\/www.iras.gov.sg\/media\/docs\/default-source\/e-tax\/gst-guide-on-exemption-of-investment-precious-metals7f0062ff-780a-4a53-90fa-e1f3b1e25770.pdf\"],\"metals\":{\"gold\":{\"inv\":{\"bar\":995,\"coin\":995},\"rate\":9},\"silver\":{\"inv\":{\"bar\":999,\"coin\":999},\"rate\":9},\"platinum\":{\"inv\":{\"bar\":990,\"coin\":990},\"rate\":9},\"palladium\":{\"inv\":null,\"rate\":9}}},\"sell\":{\"type\":\"none\",\"src\":[\"IRAS: gains from sale of property, shares and financial instruments\",\"https:\/\/www.iras.gov.sg\/taxes\/individual-income-tax\/basics-of-individual-income-tax\/what-is-taxable-what-is-not\/gains-from-sale-of-property-shares-and-financial-instruments\"],\"t\":{\"title\":\"No capital gains tax in Singapore\",\"text\":\"Singapore does not tax capital gains. A profit from selling metal you hold as an investment is not taxable and does not need to be declared. IRAS can treat it as trading income if the badges of trade point to trading: frequent sales, short holding, borrowed money or a profit-seeking motive.\"}},\"ui\":{\"no_tax\":\"No {tax}\",\"add_dates\":\"Add the purchase date\",\"add_sell\":\"Add the sale price\",\"source\":\"Source\",\"res_buy\":\"When you buy\",\"res_sell\":\"When you sell\",\"vat_in_price\":\"{rate}% {tax} included in the price\",\"net_of\":\"Price without it: {net}.\",\"not_inv\":\"Below the {min} fineness needed for the exemption.\",\"today\":\"today\",\"bad_dates\":\"The sale date is before the purchase date.\",\"no_gain\":\"No gain, so no tax on this sale\",\"need_sell\":\"Enter the sale price to estimate the tax\",\"gain\":\"Gain\",\"loss_l\":\"Loss\",\"taxable_gain\":\"Taxable gain\",\"tax_est\":\"Estimated tax\",\"after_tax\":\"You keep\",\"sale_on\":\"Sale date used: {date}.\"},\"products\":[{\"t\":\"1 oz Krugerrand Gold Coin\",\"m\":\"gold\",\"f\":916.7,\"p\":5548.02,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-krugerrand-gold-coin\/\"},{\"t\":\"1 oz Kangaroo Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":5560.74,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-kangaroo-gold-coin\/\"},{\"t\":\"1 oz American Buffalo Gold Coin\",\"m\":\"gold\",\"f\":999.9,\"p\":5715.21,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-american-buffalo-gold-coin\/\"},{\"t\":\"1 oz American Eagle Gold Coin\",\"m\":\"gold\",\"f\":916.7,\"p\":5882.73,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-american-eagle-gold-coin\/\"},{\"t\":\"1 oz Britannia Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":81.23,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-britannia-silver-coin\/\"},{\"t\":\"1 oz Kangaroo Silver Coin\",\"m\":\"silver\",\"f\":999.9,\"p\":84.19,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-kangaroo-silver-coin\/\"},{\"t\":\"1 oz American Eagle Silver Coin\",\"m\":\"silver\",\"f\":999,\"p\":89.98,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-american-eagle-silver-coin\/\"},{\"t\":\"1 oz Mexican Silver Libertad Coin\",\"m\":\"silver\",\"f\":999,\"p\":93.2,\"u\":\"https:\/\/metalsradar.com\/sg\/product\/1-oz-mexican-silver-libertad-coin\/\"}]}<\/script><section class=\"gira-tool tx-tool\" id=\"calculator\" aria-labelledby=\"tx-h\"><div class=\"sechead tx-head\"><div><h2 id=\"tx-h\">Gold and silver tax calculator<\/h2><p class=\"sub\">Enter what you bought and, if you like, what you sell it for. You get the VAT or GST in the price and an estimate of the tax on the sale.<\/p><\/div><div class=\"tx-mkbar\"><span class=\"tx-mkcur\">\ud83c\uddf8\ud83c\uddec Singapore<\/span><details class=\"tx-mk\"><summary>Other country \u203a<\/summary><ul class=\"tx-mklist\" aria-label=\"Country\"><li><a href=\"https:\/\/metalsradar.com\/pl\/podatek-od-zlota\/\" hreflang=\"pl\">\ud83c\uddf5\ud83c\uddf1 Polska<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/de\/gold-steuer-rechner\/\" hreflang=\"de\">\ud83c\udde9\ud83c\uddea Deutschland<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/es\/impuestos-oro\/\" hreflang=\"es\">\ud83c\uddea\ud83c\uddf8 Espa\u00f1a<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/gb\/capital-gains-tax-on-gold\/\" hreflang=\"gb\">\ud83c\uddec\ud83c\udde7 United Kingdom<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/en\/tax-on-gold\/\" hreflang=\"en\">\ud83c\uddfa\ud83c\uddf8 United States<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/au\/tax-on-gold-australia\/\" hreflang=\"au\">\ud83c\udde6\ud83c\uddfa Australia<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/ca\/tax-on-gold-canada\/\" hreflang=\"ca\">\ud83c\udde8\ud83c\udde6 Canada<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/in\/tax-on-gold-india\/\" hreflang=\"in\">\ud83c\uddee\ud83c\uddf3 India<\/a><\/li><li><a href=\"https:\/\/metalsradar.com\/ae\/vat-on-gold-uae\/\" hreflang=\"ae\">\ud83c\udde6\ud83c\uddea United Arab Emirates<\/a><\/li><\/ul><\/details><\/div><\/div><div class=\"tx-grid\"><form class=\"panel tx-form\" novalidate onsubmit=\"return false\"><div class=\"tx-step\"><h3 class=\"tx-sh\"><span class=\"tx-n\" aria-hidden=\"true\">1<\/span>What you buy<\/h3><div class=\"gt-f tx-prod\"><label for=\"tx-prod\">Product from our price comparison<\/label><select id=\"tx-prod\"><option value=\"\">Choose a coin (optional)<\/option><option value=\"0\">1 oz Krugerrand Gold Coin<\/option><option value=\"1\">1 oz Kangaroo Gold Coin<\/option><option value=\"2\">1 oz American Buffalo Gold Coin<\/option><option value=\"3\">1 oz American Eagle Gold Coin<\/option><option value=\"4\">1 oz Britannia Silver Coin<\/option><option value=\"5\">1 oz Kangaroo Silver Coin<\/option><option value=\"6\">1 oz American Eagle Silver Coin<\/option><option value=\"7\">1 oz Mexican Silver Libertad Coin<\/option><\/select><\/div><fieldset class=\"tx-fs\"><legend>Metal<\/legend><div class=\"tx-segs\"><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"gold\" checked><span>Gold<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"silver\"><span>Silver<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"platinum\"><span>Platinum<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-metal\" value=\"palladium\"><span>Palladium<\/span><\/label><\/div><\/fieldset><fieldset class=\"tx-fs\"><legend>Form<\/legend><div class=\"tx-segs\"><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-form\" value=\"coin\" checked><span>Coin<\/span><\/label><label class=\"tx-seg\"><input type=\"radio\" name=\"tx-form\" value=\"bar\"><span>Bar or wafer<\/span><\/label><\/div><\/fieldset><div class=\"tx-row2\"><div class=\"gt-f\"><div class=\"tx-lr\"><label for=\"tx-fin\">Fineness (per mille)<\/label><button type=\"button\" class=\"tx-i\" aria-expanded=\"false\" aria-controls=\"tx-fin-hint\" title=\"What counts as investment metal?\"><span aria-hidden=\"true\">i<\/span><span class=\"tx-sr\">What counts as investment metal?<\/span><\/button><\/div><select id=\"tx-fin\"><option value=\"999.9\" selected>999.9<\/option><option value=\"999\">999<\/option><option value=\"995\">995<\/option><option value=\"990\">990<\/option><option value=\"916.7\">916.7<\/option><option value=\"900\">900<\/option><option value=\"0\">Lower<\/option><\/select><\/div><div class=\"gt-f\"><label for=\"tx-buy\">Purchase price<\/label><div class=\"gt-in tx-cur\"><span aria-hidden=\"true\">S$<\/span><input id=\"tx-buy\" type=\"number\" inputmode=\"decimal\" min=\"0\" step=\"any\" value=\"10000\"><\/div><\/div><\/div><p class=\"tx-hint\" id=\"tx-fin-hint\" hidden>IPM: gold of at least 99.5%, silver of at least 99.9% or platinum of at least 99% purity. Bars must come from an LBMA or LPPM Good Delivery refiner and carry its hallmark; coins must be legal tender and on the IRAS list (for example Maple Leaf, Philharmonic, Kangaroo, Britannia). Proof and collector coins are taxable.<\/p><\/div><\/form><aside class=\"panel tx-card\" aria-labelledby=\"tx-rh\"><h3 class=\"tx-ch\" id=\"tx-rh\">Your result<\/h3><div class=\"tx-out\" aria-live=\"polite\"><noscript><p class=\"gt-hint\">The calculator needs JavaScript. The rules are listed below.<\/p><\/noscript><\/div><details class=\"tx-how\"><summary>How this is calculated<\/summary><div class=\"tx-how-b\"><\/div><\/details><p class=\"gt-foot\">This is not tax advice. For individuals, not businesses or traders. Check your case with a tax adviser or the tax office. Rules checked on 12 Oct 2026.<\/p><\/aside><\/div><\/section><h2 id=\"rules\">Singapore rules for individuals<\/h2><div class=\"tx-rules\"><div class=\"tx-rc\"><h3>When you buy<\/h3><ul><li><strong>No GST on IPM:<\/strong> gold of at least 99.5%, silver of at least 99.9% and platinum of at least 99% purity, from approved refiners or on the IRAS coin list.<\/li><li><strong>9% GST<\/strong> on palladium, jewellery and collector coins.<\/li><\/ul><\/div><div class=\"tx-rc\"><h3>When you sell<\/h3><ul><li><strong>No capital gains tax<\/strong> on investment gains for individuals.<\/li><li><strong>Trading income:<\/strong> IRAS may tax the profit if you buy and sell like a trader.<\/li><\/ul><\/div><\/div><p class=\"tx-src\"><strong>Official sources:<\/strong> <a href=\"https:\/\/www.iras.gov.sg\/media\/docs\/default-source\/e-tax\/gst-guide-on-exemption-of-investment-precious-metals7f0062ff-780a-4a53-90fa-e1f3b1e25770.pdf\" rel=\"noopener\" target=\"_blank\">IRAS e-Tax Guide: GST exemption of Investment Precious Metals<\/a> \u00b7 <a href=\"https:\/\/www.iras.gov.sg\/taxes\/individual-income-tax\/basics-of-individual-income-tax\/what-is-taxable-what-is-not\/gains-from-sale-of-property-shares-and-financial-instruments\" rel=\"noopener\" target=\"_blank\">IRAS: gains from sale of property, shares and financial instruments<\/a>. Rules checked on 12 Oct 2026.<\/p><p class=\"tx-cmp\"><a class=\"btn\" href=\"https:\/\/metalsradar.com\/sg\/categories\/gold-coins\/\">Compare gold coin prices \u203a<\/a><\/p><section class=\"mrf-faq\" id=\"faq\"><h2>FAQ<\/h2><div class=\"faq-list\"><details open><summary><h3>Is there GST on gold in Singapore?<\/h3><\/summary><div class=\"a\"><p>Not on Investment Precious Metals: gold bars from approved refiners and listed bullion coins of at least 99.5% purity. Jewellery and collector coins pay 9% GST.<\/p>\n<\/div><\/details><details><summary><h3>Is silver GST free in Singapore?<\/h3><\/summary><div class=\"a\"><p>Yes, for silver of at least 99.9% purity that meets the IPM conditions. Other silver pays 9% GST.<\/p>\n<\/div><\/details><details><summary><h3>Do you pay tax when you sell gold in Singapore?<\/h3><\/summary><div class=\"a\"><p>Not as a private investor: Singapore has no capital gains tax. Profits can be taxed as income only if IRAS sees your activity as trading.<\/p>\n<\/div><\/details><details><summary><h3>Is palladium covered by the IPM exemption?<\/h3><\/summary><div class=\"a\"><p>No. The exemption covers gold, silver and platinum only, so palladium pays 9% GST.<\/p>\n<\/div><\/details><\/div><\/section><p class=\"tx-disc\">metalsradar.com compares precious metals prices and does not sell metal. This page explains the general rules for private individuals and is not tax advice. Your tax depends on your whole situation, so check it with a tax adviser or the tax office before you buy or sell.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"hide","_kad_post_layout":"normal","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"footnotes":""},"class_list":["post-21369","page","type-page","status-publish","hentry"],"taxonomy_info":[],"featured_image_src_large":false,"author_info":{"display_name":"Admin","author_link":"https:\/\/metalsradar.com\/sg\/"},"comment_info":0,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/pages\/21369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/comments?post=21369"}],"version-history":[{"count":1,"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/pages\/21369\/revisions"}],"predecessor-version":[{"id":21629,"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/pages\/21369\/revisions\/21629"}],"wp:attachment":[{"href":"https:\/\/metalsradar.com\/sg\/wp-json\/wp\/v2\/media?parent=21369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}