Malaysia Gold Price: Kijang Emas Rises RM102 on 27 Oct

Malaysia gold price benchmarks rise as one-ounce Kijang Emas reaches RM17,388. Bank and dealer boards show different per-gram quotes, premiums and buyback spreads.

BullBuzz Writer • 2026-10-27T04:26:41.000Z

Malaysia gold price update illustrated by GB Gold bars and packaged dinar

Malaysia gold price benchmarks rose on Tuesday, 27 October MYT, with the one-ounce Kijang Emas selling quote increasing RM102 to RM17,388. Bank Negara Malaysia's table showed a buying quote of RM16,695, up RM96 from Monday.

The official daily coin table puts Monday's selling and buying quotes at RM17,286 and RM16,599. Tuesday's increase recovers part of the previous decline, while leaving the entry quote RM44 below Friday's RM17,432.

Maybank's counter board, effective at 10:16 AM MYT, independently displayed the same Kijang Emas figures. The bank describes its rates as indicative and subject to change, so a published snapshot is a reference rather than a guaranteed transaction price.

Malaysia Gold Price Rebounds for Kijang Emas

The one-ounce coin's displayed selling-minus-buying gap is RM693, compared with RM687 on Monday. That is the difference between the amount a buyer pays at the selling quote and the amount received at the buying quote, before any other applicable transaction conditions.

Calculated against the RM17,388 selling quote, the gap is about 3.99%. A higher daily selling price therefore does not mean a newly purchased coin can immediately be sold back at a profit.

Smaller coin sizes moved higher too. Tuesday's half-ounce quotes were RM8,858 selling and RM8,347 buying, while the quarter-ounce figures were RM4,511 and RM4,174. Buyers need to compare matching sizes when assessing the cost of a purchase.

The smaller coins also have different absolute spreads: RM511 for the half-ounce size and RM337 for the quarter-ounce size. Those gaps should be measured against each coin's own selling quote, rather than compared solely by their ringgit amounts.

BullBuzz's Monday gold update recorded the previous RM146 reduction. Tuesday's RM102 rise is a new daily observation within that explicitly recurring price series.

Bank Accounts Carry Their Own Quotes

Maybank's Gold Investment Account showed RM537.88 per gram selling and RM516.87 buying at the same 10:16 AM MYT update. The resulting RM21.01 difference is calculated from the account's own two-sided quote.

The account price is expressed per gram, while Kijang Emas is quoted per coin. Comparing the headline numbers without checking the product and weight would give a misleading impression of their relative cost.

The bank also listed separate Islamic gold-account rates, with different size bands. Those entries should be checked under their own terms rather than substituted for the conventional account quote.

Dealer Boards Show Different Retail Spreads

GB Gold's price page, updated at 12:15 PM MYT, quoted its 999.9 gold at RM567 per gram when customers buy and RM527.31 when they sell. That produces a RM39.69 per-gram gap.

The dealer says that buyback figure applies to its own bars, dinar and Gold Bullion Storage holdings. Other brands have separate purity-based buyback rates, and final counter confirmation remains necessary.

Public Gold's board showed its Gold Accumulation Program at RM572 per gram on 27 October. Its physical 10-gram bar was separately quoted at RM5,722 selling and RM5,207 buying, with the board updated at 12:15:28 PM MYT.

Public Gold states that displayed prices exclude the gold premium. Its accumulation-program figure should therefore not be presented as the final price of a one-gram physical bar.

What Malaysian Buyers Should Watch Next

The Federal Reserve's calendar lists its October policy meeting this week. Changes in interest-rate expectations and the ringgit remain relevant when interpreting later local quotes, without guaranteeing the direction of the next price update.

BullBuzz's earlier Friday coin-price report provides another comparison point. Buyers should obtain a fresh quote for the exact coin, account or bar, confirm any premium and compare the resale terms before treating Tuesday's rebound as a change in their own realised return.

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