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DATA SOURCE · METHODOLOGY

Where these numbers come from.

Every price on SemakEmas.my comes straight from Bank Negara Malaysia's official open data. This page explains the source, the update schedule, and the exact formulae we use — so you can check our working.

Data source

We use the Bank Negara Malaysia Open API, Kijang Emas endpoint. These are the same official 999.9 (24K) prices fixed by BNM.

api.bnm.gov.my/public/kijang-emas
  • Updated every business day, around 10:00 a.m. Malaysian time (MYT).
  • No updates on weekends or public holidays — the market is closed.

Holiday gaps are shown honestly. We will never display a stale price without a timestamp.

Methodology

BNM publishes the per-ounce price. Every other number on this site is derived from it using the fixed formulae below:

PER GRAMprice per oz ÷ 31.1035

31.1035 is the number of grams in one troy ounce.

ESTIMATED 916999.9 value × 0.916

An estimate of gold content only — NOT a goldsmith quote (which adds workmanship/upah + margin).

Worked example
Official price (sell) on 7 Jul 2026: RM 17,979 / oz.Per gram = RM 17,979 ÷ 31.1035 ≈ RM 578.04 / g.Estimated 916 = RM 17,979 × 0.916 ≈ RM 16,469 / oz (≈ RM 529.48 / g).

999.9 (24K) vs 916 (22K)

Kijang Emas is pure 999.9 gold — that is 99.99% gold (24K). The “916” gold commonly sold at goldsmiths is 22K, or 91.6% pure. That is why the 916 estimate is the 999.9 value × 0.916. It estimates gold content only, not the actual retail price at a shop.

Buy vs Sell

Beli

BNM buys from you (you sell your gold to BNM). RM 17,271 / oz

Jual

BNM sells to you (you buy gold from BNM). RM 17,979 / oz

The selling price is always higher than the buying price — that difference is BNM's spread.

Disclaimer & data accuracy

We work to display BNM's official figures accurately, but make no guarantee of full accuracy, completeness, or timeliness. The figures here are a price reference only and are not investment advice. Always confirm with Bank Negara Malaysia or a licensed dealer before any transaction. SemakEmas.my is not affiliated with BNM.

Source: Bank Negara Malaysia, Kijang Emas (Open API).

View the official BNM source