physical gold

[itedino]

Can anyon advise what kind of physical gold can i buy like gold bar or prefer with design? Where can i buy reccomend shops with no design charge or stupid charge other than gold shop? Where can i sell back?

 

[archcherub]

try going through the forum, or do a simple search before starting any new thread.

http://forums.hardwarezone.com.sg/money-mind-210/how-buy-sell-physical-gold-3870519.html

 

[alexchia01]

Buy at UOB head branch. They are the only Singapore bank that sell gold and cheapest you can find in Singapore.

Buy Pamp Gold Bar or American Eagles Gold Coin. They are the most recognized worldwide.

 

[itedino]

Ok how about selling back without allowing uob to earn back more? Your advice ia most appreciated.

How about buy physical gold bar from uob

 

[alexchia01]

Ok how about selling back without allowing uob to earn back more? Your advice ia most appreciated

UOB also buy back the gold as well.

Frankly, people who buy physical gold usually intent to hold long-term and not selling unless they have to.

If your intention is to trade gold, it's better to buy through Stock exchange, CFD or Futures. It's easier and less costly.

Trading gold in physical form in the short-term, will cost a lot more than online trading.

 

[bastogne]

Gold Bars​

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[makav31i]

Buy at UOB head branch. They are the only Singapore bank that sell gold and cheapest you can find in Singapore.

Buy Pamp Gold Bar or American Eagles Gold Coin. They are the most recognized worldwide.

1 thing to note is Gold Eagle is not 999 gold and is not exempted from GST in Singapore context...the South African Gold Kruggerand is the most recognized gold coin in the world...

 

[itedino]

Den how. I want to invest in gold as now gold down. How to go about it? I holding it perhaps 2-3 years

UOB also buy back the gold as well.

If your intention is to trade gold, it's better to buy through Stock exchange, CFD or Futures. It's easier and less costly.

Trading gold in physical form in the short-term, will cost a lot more than online trading.

 

[alexchia01]

Den how. I want to invest in gold as now gold down. How to go about it? I holding it perhaps 2-3 years

If you plan to hold 2-3 years only, then buy gold ETF. In SGX, it's GLD 10US$.

 

[quantcall]

Den how. I want to invest in gold as now gold down. How to go about it? I holding it perhaps 2-3 years

Gold is seen dropping, better wait until it reverts back

 

[magna_strike]

i thought the south african krugger is also not GST exempted as well due to not 99.9% pure gold?

 

[makav31i]

i thought the south african krugger is also not GST exempted as well due to not 99.9% pure gold?

Yup...it is not GST exempted...Just highlighting that it is the most recognized gold bullion coin in the world and not the Gold Eagle..

For 999 Gold, Canadian gold maple, China Panda and Australian Nugget is recognized worldwide..

 

[alexchia01]

Gold is seen dropping, better wait until it reverts back

Actually, Gold is reversing now. I'm watching very closely to buy once it can stays above 1320.