Product Details

Mitsubishi Cast - ID 1993


Mitsubishi Gold Cast Bar

Mitsubishi Materials Corporation, one of the world’s largest materials companies, has its headquarters in the Chiyoda-ku area of Tokyo.
Gold refining and bar manufacture take place at the Naoshima Smelter in Kagawa, Kagawa Prefecture, about 600 km from Tokyo.

Between 1893 and 1989, all gold refining took place at the company’s Osaka Refinery. In 1989, gold refining operations were transferred to the Naoshima Smelter, originally established in 1917. The company has manufacturing plants in more than 20 countries. Its businesses, apart from metals, include cement, advanced materials and tools, aluminium, electronic materials and components, energy and recycling.

Accreditation
1981 London Bullion Market Association
1980 New York Mercantile Exchange, COMEX Division
1982 The Tokyo Commodity Exchange
2007 Dubai Multi Commodities Centr

Key Highlights:

  • Minted by Mitsubishi Materials Corporation
  • Contains 1000 Grams of .9999 Fine Gold
  • Various Condition
  • Comes Without an Assay Card
  • Eligible for S.T.A.R. Storage
  • Eligible for self-directed gold IRA
  • No GST

Specifications:

  • Cast Bar
  • Mitsubishi Brand Logo

 

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Pricing Details:

Points computation: 1 bar = 321.50 points

Tier 1 3 5
Points required - 3,000 10,000
Price 178,806.29 SGD 178,722.99 SGD 178,639.70 SGD
Price/Gram 178.81 SGD 178.72 SGD 178.64 SGD
Price/oz 5,561.50 SGD 5,558.91 SGD 5,556.32 SGD
Percentage Over Spot (ASK PRICE) 0.96% 0.91% 0.86%
Buy/Sell Spread 2.28% 2.23% 2.18%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (110,642.28 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 5.0% per annum (Interest: 461.01 SGD)
    • 6-month loans at only 5.0% per annum (Interest: 2,766.06 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 5,532.11 SGD)
    • 24-month loans at only 6.3% per annum (Interest: 13,830.29 SGD)


Storage Fees: 0.35%*

Duration Storage Fee Per Parcel
6 months 309.94 SGD
12 months 619.89 SGD
24 months 1,239.78 SGD
36 months 1,859.66 SGD
60 months 3,099.44 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.

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