Product Details


METALOR Platinum Minted BAR - 1 KG

Originally headquartered in Neuchâtel, Switzerland, Metalor is a popular Swiss brand for investment-grade precious metals. Founded in 1852, Metalor is one of Switzerland's largest processors of bullion and their silver and gold bars are well-known and trusted for their quality and purity. They are also one of the five Referees at the London Bullion Market Association (LBMA) and the London Platinum and Palladium Market (LPPM).

Metalor has significantly expanded in Asia: opening of a first plant in China (Suzhou) in 2003, acquisition of a refinery in Hong Kong (2007), acquisition of coatings businesses in Japan and Korea (2011), inauguration of a new refinery in Singapore (2013) and another plant in Suzhou for electrotechnical production (2014).

In 2016, Metalor was acquired by Tanaka Kikinzoku, another Japanese precious metal processor and refiner of bullion bars.

Key Highlights:

  • Minted by Metalor (Switzerland/Singapore)
  • Contains 1000 Grams of 999.5 pure platinum
  • Various Condition
  • Eligible for S.T.A.R. Storage
  • Eligible for self-directed IRA
  • No GST

Specifications:

  • Minted Bar
  • Metalor Brand Logo

NOTE: Beginning in mid-2018, we stopped parcelizing these kilobars into tamper evident parcel bags. Moving forward, the bars' serial numbers as etched on the bar itself are recorded as the reference numbers.

Please do not hesitate to contact us here should you have any questions about our products, services, listings, and any other precious metals-related questions. 


Pricing Details:

Points computation: 1 bar = 321.50 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
44,693.86
44.694
1,390.13
6.91%
11.87%
3
3000.00
44,564.46
44.564
1,386.11
6.60%
11.61%
5
10000.00
44,435.06
44.435
1,382.08
6.29%
11.36%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (20,686.29 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: 77.57 SGD)
    • 6-month loans at only 4.8% per annum (Interest: 491.30 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 1,034.31 SGD)
    • 24-month loans at only 6.3% per annum (Interest: 2,585.79 SGD)


Storage Fees

Duration Storage Fee
Per Parcel
6 months 94.0588 SGD
12 months 188.1176 SGD
24 months 376.2353 SGD
36 months 564.3529 SGD
60 months 940.5882 SGD

Other Services:

Item Cost Per Bar
Transfer-in and testing 193.00 SGD

* Stored in multiples of 1 bar and can be collateralized. Any unused storage will be refunded upon sellback or delivery.