Precious Metals

Interested in Precious Metals? We offer a wide range of investment options in gold and silver. Open a Gold or Silver Savings Account and enjoy the convenience of transacting at any UOB branch during banking hours.

At a Glance

Gold Bars
- Choose from a large variety of sizes, ranging from small gold wafers to cast kilobars. They can be bought from and sold back to the Bank with our daily buy-sell market quote.
Gold Bullion Coins
- We offer the following bullion coins in various sizes, ranging from 1/20 oz to one oz:
  - Canadian Maple Leaf Gold Coins
  - Australian Kangaroo Gold Nuggets
  - Singapore Lion Gold Bullion Coins
  These coins are legal tender with face value, and are accepted and traded worldwide. They can be bought from and sold back to the Bank with our daily buy-sell market quote.
Gold Certificates
- These are sold in kilobars and up to a maximum of 30 kilobars per certificate. With no expiry date, these certificates can be exchanged for cash or physical gold.
Gold Savings Account
- You can buy and sell unallocated gold - through a passbook - at prevailing market prices and transact any time during banking hours in units of one gm of gold, subject to a minimum of five gm per transaction. Limited to a maximum of 1,000 gm per account on Saturdays
  
  Your gold account holdings are not subjected to Singapore's Goods and Services Tax (GST) and can be exchanged for cash, whenever the need arises.
Silver Savings Account
- It has never been easier to invest in silver. We have made the silver market more accessible to smaller investors through our Silver Savings Account.
  
  You can buy and sell unallocated silver - through a passbook - at prevailing market prices in multiples of 10 ounces of silver each time, limited to a maximum of 500 ounces per account on Saturdays.
  
  Your silver account holdings are not subject to Singapore's Goods and Services Tax (GST) and can be exchanged for cash, whenever the need arises.

Rates & Fees

Check our indicative gold and silver prices
ForGold Bars: Prices are based on the international gold price adjusted for the Singapore market conditions and are subject to Singapore's Goods and Services Tax
ForGold Bullion Coins: Prices include a premium over the international gold price and are subject to Singapore's Goods and Services Tax (GST)
For Gold Certificates:
- A flat S$5 per certificate
- An administrative fee of S$30 per kilobar per annum
The fees are subjected to GST.
For Gold Savings Account: An administrative fee (in grams of gold) as low as 0.12 gm per month or 0.25% p.a. on the highest balance per month, whichever is higher. The fee is subjected to GST, which will be deducted from your account in grams of gold also.

An administrative charge of $30 for the closure of the account within 6 months. The fee is subjected to GST.
For Silver Savings Account: An annual administrative fee (in ounces of silver) as low as 0.2 ounce per month or 0.375% p.a. on the highest balance per month, whichever is higher. The fee is subjected to GST, which will be deducted from your account in ounces of silver also.

An administrative charge of $30 for the closure of the account within 6 months. The fee is subjected to GST.

Risks

Investments in gold and silver are not guaranteed by the Bank and are subject to investment risks, including the possible loss of the principal amount invested. Value of the investments and administrative fees can go up or down, depending on the fluctuations in international and/or local gold and silver markets and foreign exchange market.

Apply Now

You can buy or sell Gold Coins, Gold Bars and Gold Certificate at our Gold Department at UOB Main Branch, which is located at UOB Plaza, 80 Raffles Place. The Gold Department will be closed on Saturday.
For Gold Savings Account and Silver Savings Account, please visit any UOB Group Branch
Contact Us

More Information

Call us at +65 6539 2887 (closed on Saturdays)
Fax to us at +65 6534 5638
Contact Us

Disclaimer
The above is not to be used or considered as an offer, or invitation to offer, to sell or to buy the above product or any of the securities or other investment products referred to herein, and does not constitute a recommendation by the Bank to enter into any transaction or any form of commitment by the Bank to enter into any transaction.

The Bank has not taken any steps to ensure that the product is suitable for any particular investor and unless the Bank otherwise agrees, the Bank is not acting as your adviser or in any fiduciary capacity in respect of any proposed transaction in relation to the above product, or any other transaction.

Nothing herein constitutes investment, legal, accounting or tax advice, or a representation that any investment is suitable for or appropriate to your investment objectives, financial situation and particular needs, or otherwise constitutes a personal recommendation to you.

The above does not purport to identify or suggest all the risks or material considerations which may be associated with the proposed product.

As such, it is recommended that before entering into any transaction, you should take steps to ensure, without reference to the Bank, that you have a full understanding of the terms, conditions and risks thereof and are capable of and willing to assume those risks in the light of your own investment objectives, financial situation and particular needs.

If you are in doubt as to any aspect of any transaction in respect of the above product, please consult your own legal, regulatory, tax, business, investment, financial and accounting advisers.

While based on information believed to be reliable, this document and its contents are provided on an “as is” basis.
The Bank does not make any representation or warranty as to the accuracy, timeliness or completeness of the information contained in this document.

The Bank and its affiliates, connected or related companies, directors, employees or clients may have an interest in the above product or its related products or other financial instruments, or derivatives (collectively, the “Products”) including, in relation to the Products, marketing, dealing, holding, acting as market-makers, performing financial or advisory services, acting as a manager or co-manager of a public offering.

The Bank, its affiliates, connected or related companies, directors or employees may also have alliances, contractual agreements, or broking, investment banking or other relationships for the provision of financial services, with any product provider mentioned in this document.

This product is not a deposit and is not covered under the Singapore Government's guarantee on all Singapore Dollar and foreign currency deposits of individuals and non-bank customers in banks, finance companies and merchant banks licensed by the MAS (which is in effect until 31 December 2010).