Shares & Derivatives
Buying investment grade gold in Singapore?
By A Singaporean Stockmarket Investor (ASSI)  •  August 9, 2016
Hi AK, would like to check with you on gold products. 1) What are some of the products if we we would like to use CPF to purchase gold? Is it recommended to purchase using CPF? 2) For purchase of physical gold, are there any considerations when purchasing? understand UOB gold should be quite cost efficient if you purchase minimum weight. 3) Why is gold bullion coin is more expensive than pamp gold bar
  • Today
Assi AK 1) I believe the opportunity cost for using our CPF savings to buy gold is rather high. I will not give up the risk free returns to speculate on gold. 2) I buy gold bullions from UOB. The Kilobar is probably the most value for money, weight for weight. However, it isn't practicable for most of us and not very practical. My choice is the 1 oz bullion. 3) Bullion coins of same weight ......
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By A Singaporean Stockmarket Investor (ASSI)
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