Singapore aims to be a gold trading hub and local and oversea investors from all around the world with high net worth will purchase physical gold in Singapore.
We will see higher demand and regular purchases of physical gold as GST will be exempted from precious metals purchases.
Statement from the News 'Singapore aims to be Asia's gold trading hub'
Our aspiration is really to be like London and Zurich, to serve not just Asia but the rest of the world as well,' said IE Singapore assistant chief executive Kathy Lai at a press briefing.
Singapore said it would exempt investment-grade precious metals from the 7 per cent Goods and Services Tax (GST) beginning in October 2012.
That move would bring tax treatment of investment-grade precious metals in line with other major markets, such as London, Zurich and Hong Kong. Investors, including retail traders, gold exchange-traded funds and private banking clients, will then be able to trade and store their assets in Singapore without having to incur additional tax.
This will boost the economy of Singapore especially the gold trading industry in Singapore.
The benefits to buy gold in singapore online with Gold Price Singapore.
1) Easy to use website.
2) Convenient at the ease of your home, office or on the go as long you have internet access or accessing our online store via your mobile phone.
3) Secure via secured website.
4) Variety of gold and silver products for you to choose from.
5) We provide delivery services for your gold and silver products all the way to your door-steps
Why buy physical gold is always better than paper gold?
i) No margin call risk
ii) Physical gold is at your hand and your financial asset is secured
iii) Hedge against currencies inflation, financial or national crisis
iv) Diversification in your investment portfolio
Visit our Singapore Gold & Silver Store to start ordering online now.
All Gold Bars, Gold Coins and Silver Bars made in Singapore can be customized with unique engraving services.
For more information on our unique engraving services for your unique gift ideas, call our hotline at (65) 6372-5054 to ask for quotation now.
The benefits to buy silver in singapore online with Gold Price Singapore.
1) Competitive price for your physical silver purchase.
2) Easy to use website.
3) Convenient at the ease of your home, office or on the go as long you have internet access or accessing our online store via your mobile phone.
4) Secure via secured website.
5) Variety of gold and silver products for you to choose from.
6) We provide delivery services for your gold and silver products all the way to your door-steps.
Buying fine silver with Gold Price Singapore is very convenient and easy.
Your order for silver bullion can be done easily at the comfort of your home, office or even on the go as long you have internet via your mobile phone!
We provide delivery service and offer the best value for your silver bullion purchases.
Due to rising demand in silver, we carry quality fine silver bullion bars and fine silver bullion coins to meet the rising demand of silver in Singapore.
Silver is still very undervalued and it is still cheap for investors to own it.
Currently the ratio of gold and silver is around 1:50+ from the time of writing.
1) It is still affordable, as many say it is poor man gold
2) Rising industrial and investors demand
3) Hedge against currency inflation, finanical crisis or even national crisis
4) As the silver are cheap and average investors can own 46 ounces of silver with 1 oz of gold coin worth of value. That means when the demand spike, silver price will move much higher than gold resulting lesser supply and the value of the silver will increase tremedously.
5) Diversification in your investment portfolio
Supply and demand
Alot of supply coming out from the mine used for industrial purposes rather than being converted into silver bullion. If the silver production drop below industrial demand, that will cause the silver price to spike. As there is relatively small supply in silver, investors with high net worth can really drive the silver price up if they are bullish in the market.
Inflation/hyperinflation
The higher the percentage of annual inflation, the higher the prices of silver will tend to increase.
Why Buy Silver - Protection?
Investors buy silver for diversification. If you are already invested in gold or other form of investment, silver act as another commodity for diversification purpose.
Silver helps to hedge against currency devaluation. If your own national currency become less valueable than other countries, your currency devalued and thus your silver that you own can exchange for more cash.
Visit our Singapore Gold & Silver Store to start ordering online now.
All Gold Bars, Gold Coins and Silver Bars made in Singapore can be customized with unique engraving services.
For more information on our unique engraving services for your unique gift ideas, call our hotline at (65) 6372-5054 to ask for quotation now.
To choose Awesome Things in Singapore as unique gifts for your friends, family or your love ones can be quite challenging if you do not know what gifts is best for them.
But now you have found us, we are here to help you find the best gifts for you and we ensure 100% satisfaction guaranteed from getting unique gifts from us.
We provide outstanding and prestigious unique Singapore designs of gold bullion coins, gold bullion bars and silver bullion bars like Singapore Merlion, Singapore Orchid, Marina Bay Singapore, Singapore Lion etc as your ideal choice of gifts.
The benefits for buying gold and silver as unique gifts online with Gold Price Singapore.
1) Easy to use website.
2) Convenient at the ease of your home, office or on the go as long you have internet access or accessing our online store via your mobile phone.
3) Secure via secured website.
4) Variety of unique gold and silver products for you to choose from as gifts.
5) We provide delivery services for your unique gold and silver products all the way to your door-steps
6) Unique gifts ideas for gold and silver products with engraving services available for up to 10 characters.
This is a special unique engraving services provided by us and you can choose to engrave the following:
1) Company name
2) Personalized Name
3) Special important date like wedding anniversary
4) Birthday date
5) Others
7) We guarantee the fineness for every pieces of unique gifts of physical gold and silver purchase with us.
All the gold bars, gold coins (10g and above) are hallmarked and assayed by Singapore Assay Office (SAO) to guarantee the fineness of 999.9 in purity and all silver bars of 999 in purity.
When to buy physical gold and silver from Gold Price Singapore as unique gifts?
1) Gifts for a newborn baby
2) Birthday Gifts
3) Wedding Door Gifts
4) Christmas Gifts
5) Chinese New Year Gifts
6) Indian Festivals Gifts
7) Hari Raya Gifts
8) Long Service Award to Staffs
9) Corporate Gifts
10) Mother's Day Gifts
11) Father's Day Gifts
12) National Day Gifts
13) Souvenirs for Tourist
How do I get started to buy unique gifts from Gold Price Singapore?
Visit our Singapore Gold & Silver Store to start ordering online now.
For more information on our unique engraving services for your unique gift ideas, call our hotline at (65) 6372-5054 to ask for quotation now.
