WHat are the ways or apps available in Singapore to buy Gold/Silver as investment?

[Shion]

Don't buy from jewellery shop. They will add on workmanship and GST. Investment grade gold are GST extempt. If you sell the gold back to jewellery shop, they will deduct some percentage from spot price. Going by current rate, $200 can get 1gm or 1.5gm if I am not wrong. Super not worth for investment as the markup on these weights are at least 30% over spot.
But if you die die want to try, can go thru banks or precious metal dealers for physical gold or transfer to an ebroker and get gold related stocks.

Last time I hear people say, buy gold jewellery the moment step out of shop, value drop 50%. That is how expensive the craftmanship costs and other costs are. Anyway, even when we pawn gold jewellery, they only consider the spot prices.

 

[RinoaX]

anyone knows why is this better than GLD?

Not better but it's physical vs pseudo paper gold. See which one one prefers.

Ts, $200 can't even buy 1g. Forget it and save as cash. If want buy physical gold, minimum buy 1 Oz due to high premiums paid on the lower weight classes.

If not, stick to paper gold/ etf.

 

[Anghtj]

I have 410g of gold bars and thinking of getting another 400g more gold bars

 

[Roundtreex]

Last time I hear people say, buy gold jewellery the moment step out of shop, value drop 50%. That is how expensive the craftmanship costs and other costs are. Anyway, even when we pawn gold jewellery, they only consider the spot prices.

You loss 25% immediately + workmanship. They sell 30% higher than gold price itself.
No need pay worker salary and rent meh.
PAXG crypto is the best la. Low 0.1% cost and leverage 30X. Follow gold price as the backup is 1:1

 

[magna_strike]

Best is just buy bullion gold from places like gold silvercentral or bullionstar. Least amount of mark ups compared to jewelry shops

 

[buttbERry]

song song buy gold

 

[alpha_beta]

lol highest payed aint got no ans sexcept tokking down to peasants

 

[NintendoSwitch]

Lol if for investment and you can't buy a 1kg bar, don't waste money la.

If for keeping as a good luck token, can get from Singapore Mint.

Can buy a bit a bit like 10g bar ($1.5k) over time, like monthly? Is that workable? Not for simi good luck token or for looks.