Product Details


Umicore Silver Bar - 1 kg

Umicore has been producing investment-grade Silver bullion since the late 1980s. This bars makes for a great opportunity to add a large amount of Silver to your holdings in a single purchase.

Bar Highlights:

  • Contains 1 kilo (32.15 oz) of .999 fine Silver
  • Packaging may vary but all will be in protective plastic
  • Obverse: Reads "FINE SILVER 999", "1000g", and "Umicore" beside their logo. Each bar comes with a unique serial number
  • Reverse: Blank
  • Guaranteed by Umicore

Pricing Details:

Points computation: 1 bar = 32.15 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
1,438.72
1.439
44.75
7.07%
9.46%
3
3000.00
1,432.24
1.432
44.55
6.59%
9.05%
5
10000.00
1,425.76
1.426
44.35
6.11%
8.63%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (668.61 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: 2.51 SGD)
    • 6-month loans at only 4.8% per annum (Interest: 15.88 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 33.43 SGD)
    • 24-month loans at only 6.3% per annum (Interest: 83.58 SGD)


Storage Fees

Duration Storage Fee
Per Parcel
6 months 23.5147 SGD
12 months 47.0293 SGD
24 months 94.0587 SGD
36 months 141.0880 SGD
60 months 235.1467 SGD

Other Services:

Item Cost Per Bar
Transfer-in and testing 7.00 SGD

* Stored in multiples of 5 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.