Product Details


Umicore 5 Kilogram Silver Bar

These 5 kg bullion bars are refined and minted by Umicore.


Pricing Details:

Points computation: 1 bar = 160.75 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
6,421.62
1.284
39.95
6.25%
10.42%
3
3000.00
6,389.24
1.278
39.75
5.71%
9.97%
5
10000.00
6,356.87
1.271
39.54
5.18%
9.51%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (3,005.77 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 5.5% per annum (Interest: 13.78 SGD)
    • 6-month loans at only 5.5% per annum (Interest: 82.66 SGD)
    • 12-month loans at only 5.8% per annum (Interest: 172.83 SGD)
    • 24-month loans at only 6.0% per annum (Interest: 360.69 SGD)


Storage Fees

Duration Fixed Storage Fee
Per Parcel
6 months 22.2965 SGD
12 months 44.5931 SGD
24 months 89.1862 SGD
36 months 133.7793 SGD
60 months 222.9654 SGD

Other Services:

Item Cost Per Bar
Transfer-in and testing 26.00 SGD

* Stored in multiples of 1 bar and can be collateralized. Any unused storage will be refunded upon sellback or delivery.