YLG Bullion Singapore Pte. Ltd was established in 2012 and strategically located in the region with relatively high potential of gold demand and supplies opportunities around the region with Singapore being a major gold hub. YLG intends to make gold trading to be easy and safe for investors. Singapore Gold Tax Regulations. When it comes to buying gold in Singapore, like many other countries, there are no taxes on investment-grade gold. This means your gold should be at least 99.5% purity. The same tax-free regulation applies to silver in Singapore which should meet a 99.9% purity. We pay you instant cash / cheque for your gold jewelry items, be it 14k, 18k, 22k or 24k gold jewelry. As the leading gold trading company in Singapore, we buy jewelry of all types, buy gold, sell gold and deal in most types of precious metals. We also supply 22k gold jewelry to wholesalers and retailers outside Singapore.
Trading gold in a nation such as Singapore may offer more flexibility to investors than it would be in other regions.As a result of this, there is a wide range of investment vehicles through which gold can be bought and sold, from traditional options such as commodity trading to contemporary alternatives like exchange-traded funds (ETFs) and futures. Gold Reserves in Singapore is expected to be 127.40 Tonnes by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Gold Reserves in Singapore to stand at 127.40 in 12 months time.
GoldSilver Central Pte Ltd (UEN: 201107187N), a Singapore registered company since 2011 specialises in physical bullion trading in gold, silver and platinum at real-time pricing, industry bullion supply, bullion buying and selling, collateral loan and secured storage under GoldSilver Central's Bullion Storage Program at the Le Freeport. Gold savings account / Silver savings account. If you have access to UOB Personal Internet Banking or UOB Mighty and have an existing gold savings account or silver savings account, you can start buying and selling gold and/or silver online from Mondays to Fridays from 8am to 11pm excluding Singapore public holidays.
However, from 1969, gold transactions in Singapore could only be undertaken by non-residents, and bank and bullion dealer trading in gold required authorisation from the Singapore Government. Beginning in 1973, Singapore residents were finally allowed to trade in gold, and the gold dealer licensing requirement was abandoned. Gold trading. Start trading gold online with the No.1 CFD provider in the SG. 1. Create demo account. Create live account. Create live account. Log in. Start trading today. Call +65 6390 5133 or email accountopening@ig.com.sg. We're here 24 hours a day from 9am to 10pm (SG time), Sunday to Friday. Singapore-based fintech gold trading company Everest Gold created and launched the first-of-its-kind digital trading platform for gold. Using the app with advanced technology and a secured system, gold trading has been made a breeze even for the beginners! You can now trade gold on the go in real-time, instantaneously, and at affordable prices.
Gold Bars, Gold Bullion Coins, And Gold Certificates. Prices for gold bars, bullion coins, and certificates are based on the international gold price adjusted for Singapore market conditions. You can buy or sell gold in these physical forms at the current buy/sell rates quoted by the bank, or other gold retailers.
What's great is that Everest Gold doesn't have a minimum starting amount to start trading in gold. You can invest as low as S$50 into the app, or S$100 if you're more comfortable. For me, I chose to invest S$500 because I wanted higher returns, though it also meant higher risks. Gold is money. You can buy physical gold such as gold bars and gold bullion coins from gold retailers based on the current rates. For example, if you were to buy one kilobar of gold bar today, that would be $85,000 sitting in your closet at home. These gold bars or gold bullion coins can be purchased online or in person.