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
-
6,704.61
1.341
41.71
6.99%
10.29%
3
3000.00
6,671.76
1.334
41.50
6.47%
9.85%
5
10000.00
6,638.90
1.328
41.30
5.94%
9.40%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (3,116.85 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.3% per annum (Interest: 11.04 SGD)
    • 6-month loans at only 5.0% per annum (Interest: 77.92 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 155.84 SGD)
    • 24-month loans at only 6.5% per annum (Interest: 405.19 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.