Where to buy Gold Bars in Sg?

[Euqorab]

If one wants liquidity, then I raccoon don’t buy precious metals

stick to fixed deposits

for me why I recommand Gold Silver Central is because I buyed from them before, and henceforth after I did not need to sell… it is only for the fun of collecting bullions

please do not doubt me I do not support UOB option… when I have sufficient cash I will keen to buy from UOB main branch bullion counter too!

To furthermore add on, I think the above bbfas talked about spread and what have you, is it because UOB has thinner spread?

from UOB website now sell PAMP 1 oz bar is $2,629 and buyback is $2,533. Meaning if you buy and sell back immediately, bank earns $96

compear to Gold Silver Central sell $2,668 and buy back is $2,523, they earn $145 immediately if you buy and sell back immediately https://www.goldsilvercentral.com.sg/shop/buy-gold/pamp-suisse-gold-bar-1oz/

now that I do this simple home work, buy from UOB main branch better

but however, the prices quoted above are spot prices and can change in milliseconds

disclaimer: do not believe in what I say thanks

 

[DragonFire]

Is pamp reputable?
Never heard of them.

Absolutely.

 

[civicguy]

UOB Raffles Place
B1

take a number
pay in cash

 

[dexterkim]

Where do u recommend to buy physical gold bars in sg?

Thinking of getting small ones with Rabbit Year branding

Tks!

Joyalukkas Jewellery goldbar

 

[DragonFire]

The catch with UOB is that they will only take trade gold bullion with their wrapper intact and the receipt on hand.

Gold bullion is quite easy to liquidate. The only problem is how much of a haircut you will incur in liquidating that asset.

My stance on gold is that it isn’t really an investment instrument. More like asset protection and a guaranteed store of value if sh!t hits the fan.

 

[Hisashiburi]

Gold bar good for wartime

 

[DragonFire]

Gold bar good for wartime

Precisely a sh!t hit the fan scenario. My gold isn’t all in Singapore btw. Pretty damn hard to make an exit with pockets full of the stuff.

 

[orpisia]

What are you going to do with it

 

[Shion]

singapore mint ?

 

[Weng123]

UOB Raffles Place
B1

take a number
pay in cash

Need to open a uob bank account and use that account to buy, if i am not wrong

 

[starry_starry_night]

I get from bullionstar. But also not sure if its the best place to get

You keep the gold bars at home or at their vault?

 

[archon75@]

The catch with UOB is that they will only take trade gold bullion with their wrapper intact and the receipt on hand.

Gold bullion is quite easy to liquidate. The only problem is how much of a haircut you will incur in liquidating that asset.

My stance on gold is that it isn’t really an investment instrument. More like asset protection and a guaranteed store of value if sh!t hits the fan.

Wow... **** hit fan moment

满天飞粪 falling sky sh1t

 

[Euqorab]

Precisely a sh!t hit the fan scenario. My gold isn’t all in Singapore btw. Pretty damn hard to make an exit with pockets full of the stuff.

Can introducing the facilities not in singapore?

 

[archon75@]

Can introducing the facilities not in singapore?

Perth Mint

 

[Euqorab]

The catch with UOB is that they will only take trade gold bullion with their wrapper intact and the receipt on hand.

Gold bullion is quite easy to liquidate. The only problem is how much of a haircut you will incur in liquidating that asset.

My stance on gold is that it isn’t really an investment instrument. More like asset protection and a guaranteed store of value if sh!t hits the fan.

But I still can sell the gold elsewhere although lesser value sell elsewhere right?

But for asset protection, how to?

 

[Hisashiburi]

Good to keep some gold bars around...

In realy bad times, btc, bank notes, tsla all no value.

 

[Euqorab]

Gold bar good for wartime

How to use?
1oz gold coin, can get change from FairPrice when buy things?
Or 1g pieces we keep?

 

[Euqorab]

To furthermore add on, I think the above bbfas talked about spread and what have you, is it because UOB has thinner spread?

from UOB website now sell PAMP 1 oz bar is $2,629 and buyback is $2,533. Meaning if you buy and sell back immediately, bank earns $96

compear to Gold Silver Central sell $2,668 and buy back is $2,523, they earn $145 immediately if you buy and sell back immediately https://www.goldsilvercentral.com.sg/shop/buy-gold/pamp-suisse-gold-bar-1oz/

now that I do this simple home work, buy from UOB main branch better

but however, the prices quoted above are spot prices and can change in milliseconds

disclaimer: do not believe in what I say thanks

Edit:

disclaimer: my above comments have not been reviewed by the authorities

 

[Euqorab]

Good to keep some gold bars around...

In realy bad times, btc, bank notes, tsla all no value.

Gold pieces are for fun of it to look at also

 

[Euqorab]

Perth Mint

Will they makan our gold?

or when time need, if there travel restriction, then how can we take out gold?