Jewel Cafe Expands in Singapore Amid Gold Price Surge
Singapore's Jewel Cafe has expanded its presence in the city-state with a new location at Dunearn Village, as gold prices continue to reach historic highs. The Japanese-founded specialty buying brand offers free appraisals of gold, jewelry, luxury watches, and branded goods in a calm, private setting.
The move comes amidst a surge in gold demand, driven by a 67% increase in the US dollar gold price in 2025, with an annual average price reaching a record USD 3,431.50 per troy ounce, according to the World Gold Council's Gold Demand Trends: Q4 and Full Year 2025 report.
With many households in Singapore holding gold jewelry acquired over the years for significant milestones, there is a growing interest in simply knowing the current value of what one already owns. Jewel Cafe aims to make the appraisal experience straightforward and approachable, with no obligation to sell.