Product Details


 

LS Nikko Gold Cast Bar 

LS Nikko is one of the most trusted and popular brands of LBMA good-delivery refiners in South Korea. Headquartered in Onsan, South Korea, it is considered by many to be one of the largest processors of Precious Metals in South Korea. Well known for its quality and purity, the brand is frequently traded by investors for its fine Gold content and weight. Bullion products minted by LS Nikko offer one of the best combinations of quality, weight, and purity, making them extremely popular around the world.

Key Highlights:

  • Minted by LS Nikko (South Korea)
  • Contains 1000 Grams of 999.9 Fine Gold
  • Various Condition
  • Does Not Come with Assay Card
  • Eligible for S.T.A.R. Storage
  • No GST

Specifications:

  • Cast Bar
  • LS Nikko 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 1 3 5
Points required - 3,000 10,000
Price 114,871.43 SGD 114,784.77 SGD 114,698.11 SGD
Price/Gram 114.87 SGD 114.78 SGD 114.70 SGD
Price/oz 3,572.90 SGD 3,570.21 SGD 3,567.51 SGD
Percentage Over Spot (ASK PRICE) 0.45% 0.37% 0.30%
Buy/Sell Spread 2.78% 2.71% 2.64%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (71,420.93 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: 267.83 SGD)
    • 6-month loans at only 4.5% per annum (Interest: 1,606.97 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 3,571.05 SGD)
    • 24-month loans at only 4.5% per annum (Interest: 6,427.88 SGD)


Storage Fees: 0.35%*

Duration Storage Fee Per Parcel
6 months 200.13 SGD
12 months 400.26 SGD
24 months 800.52 SGD
36 months 1,200.78 SGD
60 months 2,001.30 SGD

Other Services

Item Cost Per Bar
Transfer-in and testing 161.00 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.