Try UOB if you are looking to buy gold in Singapore or trade gold in Singapore.
I believe they are the only bank which deals in gold and silver.
However they DO NOT allow delivery of physical silver from their silver accounts.
The UOB gold account unlike the silver account allows delivery of physical gold.
You can buy gold bullion coins such as Canadian Maple Leafs, Kruggerands, American Gold Eagles and Australian Kangaroos.
The info below is from the UBS website:
http://www.uobgroup.com/pages/person...als/index.html
Gold Bars
Choose from a large variety ranging from small gold wafers to cast kilobars. They are tradable worldwide and can be bought from and sold back to the Bank with our daily buy-sell market quote.
Gold Bullion Coins
These are treasured as collector's items and are ideal long-term investments. We offer the following bullion coins in various sizes, ranging from one oz to 1/20 oz:
- Canadian Maple Leaf Gold Coins
- American Eagle Gold Coins
- Australian Kangaroo Gold Nuggets
- Singapore Lion Gold Bullion Coins
These coins are legal tender with face values, and accepted and tradable worldwide. They can be bought from and sold back to the Bank with our daily buy-sell market quote.
Gold Certificates
These are sold in mutiples of one kilobar and up to a maximum of 30 kilobars per certificate. With no expiry date, these certificates can be exchanged for physical gold or cash whenever the need arises.
Gold Savings Account
You can buy and sell international gold - through a passbook - at prevailing market prices and transact any time during banking hours in units of one gm of gold, subject to a minimum of five gm per transaction.
Your gains are not subject to Singapore's Goods and Services Tax (GST) and can be exchanged for physical gold (subject to a market premium) or cash, whenever the need arises.
Silver Savings Account
It has never been easier to invest in silver. We have made the international silver market more accessible to smaller investors through our Silver Savings Account, which is your evidence of ownership of unallocated silver bullion with a minimum fineness of 99.9%.
You can buy and sell international silver - through a passbook - at prevailing market prices in multiples of 10 ounces of silver each time, and as often as you like during banking hours.
Your gains are not subject to Singapore's Goods and Services Tax (GST) and can be exchanged for physical silver (subjected to a market premium) or cash, whenever the need arises.
How much does it cost?
- Check our daily gold and silver prices
- For Gold Bars: Prices are based on the daily international gold price
- For Gold Bullion Coins: Prices include a small premium over the international gold price
- For Gold Certificates:
- A flat S$5 per certificate
- An administrative fee of S$30 per kilobar per annum
- For Gold Savings Account: An administrative fee (in grams of gold) as low as 0.12 gm per month or 0.25% p.a. on the highest balance per month, whichever is higher
- For Silver Savings Account: An annual administrative fee (in ounces of silver) as low as 0.2 ounce per month or 0.375% on the highest balance per month, whichever is higher
How do I apply?
Where can I get more information?
- Call us at (65) 6539 2971 / 6539 2887
- Fax to us at (65) 6534 5638