Singapore Consumers Flock to Gold Appraisals Amid Record Prices

Singapore consumers are reassessing their dormant assets amid record gold prices, according to a recent report from the World Gold Council. The US dollar gold price rose by 67% in 2025, reaching an annual average of $3,431.50 per troy ounce.

Jewel Cafe, a Japanese-founded specialty buying brand with over 300 stores across Japan and overseas, has opened a new location at Dunearn Village in response to this growing demand for gold appraisals. The store offers free appraisals of gold, jewelry, luxury watches, branded bags, and gemstones, with no obligation to sell.

Jewel Cafe's services are designed to be accessible, with appointments available online or by contacting the store directly. The new location at Dunearn Village is conveniently located near King Albert Park MRT, making it easier for customers in the western part of Singapore to access their services.