Rand Refinery Limited is the largest integrated single-site precious metals refining and smelting complex in the world. It was established in 1920 to refine gold within South Africa. All the gold used to manufacture Krugerrand coins is supplied by the Rand Refinery to the South African Mint, who has been appointed the sole supplier of bullion Krugerrands to primary distributors both locally and internationally.
Key Highlights:
Specifications:
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Points computation: 1 bar = 37.50 points
Tier | 1 | 3 | 5 |
---|---|---|---|
Points required | - | 3,000 | 10,000 |
Price | 13,507.35 SGD | 13,497.25 SGD | 13,487.16 SGD |
Price/Gram | 115.81 SGD | 115.72 SGD | 115.63 SGD |
Price/oz | 3,601.96 SGD | 3,599.27 SGD | 3,596.58 SGD |
Percentage Over Spot (ASK PRICE) | 1.13% | 1.06% | 0.98% |
Buy/Sell Spread | 5.87% | 5.80% | 5.73% |
Duration | Storage Fee Per Parcel |
---|---|
6 months | 23.37 SGD |
12 months | 46.75 SGD |
24 months | 93.49 SGD |
36 months | 140.24 SGD |
60 months | 233.73 SGD |
Item | Cost Per Bar |
---|---|
Transfer-in and testing | 41.00 SGD |
* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.