Product Details


Umicore Silver Bar - 1 kg

Umicore has been producing investment-grade Silver bullion since the late 1980s. This bars makes for a great opportunity to add a large amount of Silver to your holdings in a single purchase.

Bar Highlights:

  • Contains 1 kilo (32.15 oz) of .999 fine Silver
  • Packaging may vary but all will be in protective plastic
  • Obverse: Reads "FINE SILVER 999", "1000g", and "Umicore" beside their logo. Each bar comes with a unique serial number
  • Reverse: Blank
  • Guaranteed by Umicore

Pricing Details:

Points computation: 1 bar = 32.15 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
1,359.50
1.359
42.29
8.78%
11.78%
3
3000.00
1,352.92
1.353
42.08
8.25%
11.35%
5
10000.00
1,346.34
1.346
41.88
7.72%
10.92%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (621.61 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.3% per annum (Interest: 2.20 SGD)
    • 6-month loans at only 5.0% per annum (Interest: 15.54 SGD)
    • 12-month loans at only 5.5% per annum (Interest: 34.19 SGD)
    • 24-month loans at only 5.5% per annum (Interest: 68.38 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 7.00 SGD

* Stored in multiples of 5 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.