The Global Gold Market: An Overview
Throughout history, precious metals like gold have proven to be reliable safe-haven assets, especially during times of economic turmoil, inflation, or geopolitical unrest. Factors such as interest rates, currency strength, central bank reserves, and investor sentiment play a significant role in shaping the market trends and daily prices.
At Singapore Gold—trusted bullion dealers in Singapore—we strive to empower you with the knowledge to understand and interpret these dynamics, allowing you to respond confidently rather than react impulsively.
Understanding Live Market Bullion Pricing
Are you an avid bullion investor? We at Singapore Gold give you real-time tracking of gold prices to help you make well-informed buying or selling decisions. Our charts are updated every minute to reflect the latest global spot rates.
The demand and price of gold are highly volatile, often rising in response to geopolitical tension or inflation, thereby making this precious metal a reliable hedge during uncertain times.
Key Factors Driving Bullion Demand
Several key economic and market forces influence the demand for bullion, shaping its value over time:
Mastering Market Timing: Why Strategy is the Real Game-Changer
For discerning bullion investors, a long-term, strategic bullion portfolio delivers multifold gains over short-term gains influenced by timing. To help optimise your investment, our consultants at Singapore Gold help align market conditions with your unique objectives.
We provide weekly updates summarising:
- Major price movements
- Global economic indicators
- Local and international bullion market trends
Valuable Insights Unveiled: Your Queries Answered
What is Investment Precious Metals (IPM)?
Investment Precious Metals, or IPM, refers to any physical product made of gold or platinum that fulfils certain purity and form criteria recognised for investment purposes.
In Singapore, IPMs are GST-exempt if they:
- Are available in bars, ingots, coins, or wafers
- Have a purity of 99.5% for gold
- Are traded based on the prevailing market value (spot price)
- Originate from LBMA-approved refiners or other globally acclaimed institutions
What types of bullion does Singapore Gold sell?
We offer fine gold minted bars in weights ranging from 5 g to 100 g. All our bullion is LBMA-approved and available in exclusive designs such as the Merlion Caricature series, available both online and in-store.
What is the minimum purchase requirement to buy bullion from your store?
There is no minimum requirement for online purchases. However, we offer private consultations and certain premium services for purchases of 50 g and above.
What proves the authenticity of your bullion?
Every purchase made at Singapore Gold comes with a Certificate of Authenticity. Furthermore, every single product is LBMA-approved, and our experts also perform live purity checks when applicable to further establish authenticity.
Can I gift bullion?
Of course. At Singapore Gold, you can choose from our insured gifting options designed for privacy and provide the recipient’s details. Our team will ensure a secure and discreet shipment.
Does Singapore Gold deliver products across Singapore?
Yes. Our shipments across Singapore are completely secure, fully insured, discreetly packed, and handled only by our trusted logistics partners.
How long does it take for my order to be delivered?
For orders within Singapore, delivery usually takes 2 to 5 business days. While delivery times vary by location, all shipments are fully trackable and insured.
Is my shipment covered by insurance?
Definitely. Every shipment is fully insured from the moment it is dispatched until it reaches you, ensuring that your investment is protected throughout the entire process.
Do you encourage order cancellations?
No, we do not. Due to the bullion’s price sensitivity and high value, all confirmed orders are considered final and binding. Once an order is placed and the payment is initiated, we begin processing it as per live market rates. At this stage, cancellations cannot be accepted. Therefore, we recommend that our customers carefully reconsider and review their selection before the confirmation process.
If an error has occurred, reach out to us immediately. Our team will do our best to help you. However, there is no guarantee that cancellations or modifications are possible post-confirmation.
Can I collect my order in person?
Yes, we can arrange for a private and discreet in-store collection upon prior appointment.
Does Singapore Gold offer secure storage options?
We provide guidance on secure, vault-grade storage solutions within Singapore for eligible clients. This service includes storage consultations for those acquiring 50 g or more.
Are your products exempt from GST?
Yes, by Singapore’s tax framework, all investment-grade bullion is GST-free.
What are the reporting or compliance obligations for clients purchasing bullion?
Our clients can rest assured that Singapore Gold is in perfect compliance with Singapore’s all legal and regulatory standards. However, large transactions may require identity verification as per local laws.
Can I resell bullion to you?
Yes. At Singapore Gold, we have clear, transparent buy-back policies for bullion purchased from us. The resale rates will be based on live market pricing and the condition of the product.
Does Singapore Gold buy old or inherited gold?
Yes, we do buy old and inherited gold and convert it into certified bullion after subjecting it to a live purity check. However, we do not offer cash payouts. Instead, your value is preserved in investment-grade gold.
What is the process of converting old gold?
It is a simple process in three easy steps:
- Step 1: Bring your old gold for a live purity test.
- Step 2: Our team provides you with a real-time valuation.
- Step 3: You take home equivalent LBMA-approved bullion with documentation and a Certificate of Authenticity.