How do you buy gold or silver

Buy gold and silver conveniently on the OCBC Digital app. Over 1 million SGD worth of gold and silver traded in first week of launch.

Features and benefits

Start small

Your investment can be as little as 0.01 ounces (or 0.31 grams), approximately 27 SGD for gold or 0.35 SGD for silver.

As of 31 March 2022.

Worry not about storage

Issued paper bullion holds the same value as physical gold and silver. No custody or storage fees will be incurred.

Invest on the go

Buy and sell precious metals easily via the OCBC Digital app, 24/7.

Buy and sell precious metals easily via the OCBC Digital app, 24/7.

Buy and sell in SGD or foreign currencies

Invest in precious metals using SGD or foreign currencies available in your global savings account.

Invest in precious metals using SGD or foreign currencies available in your global savings account.

Open account instantly

Log in to the OCBC Digital app to open an account. No branch visit needed!

Log in to the OCBC Digital app to open an account. No branch visit needed!

Diversify your portfolio with safe haven investments

To maintain a well-diversified portfolio, the rule of thumb is to allocate about 5% of your investments to precious metals.

Why Gold?

  • Safe haven instrument
    Gold is a trusted asset when market volatility is high.
  • Good hedge against inflation
    Gold prices have historically risen in tandem with inflation.
  • Gold returns tend to climb during periods of low yield
    Yields will eventually rise when the US Federal Reserve decides to raise interest rates. Investors can cushion the potential downside impact by buying USD.

Why Silver?

  • Capital appreciation potential
    Silver has important industrial applications and its price will rise with the demand for solar energy and electric vehicles.
  • Cheaper alternative to gold
    Silver is more accessible to beginners who have lesser capital. Like gold, it is also a safe haven instrument, a good hedge against inflation and a beneficiary of a low yield environment.

How it works

Use the OCBC Digital app to open a Precious Metals Account and start investing in gold and silver.

Invest a minimum lump sum investment of S$3,000

Eligible Products:

  • Unit Trust
  • RoboInvest
  • Precious Metals
  • Online Equities Account

OR

Invest a minimum monthly investment of S$500 as part of a Monthly Investment Plan (MIP) for a period of 3 months from the date of the first trade executed

Eligible Products:

  • Unit Trust
  • RoboInvest
  • Blue Chip Investment Plan

Before you invest

Eligibility

Account required

You must first have an OCBC deposit account and access to the OCBC Digital app.
Apply now if you do not have the above account.

You must have a Precious Metals Account in order to invest in gold and silver.
We will guide you in opening one.

Terms and conditions

Important notices

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Let’s get started

Hedge your investments with precious metals.

Please download OCBC Mobile Banking app

General disclaimer

  1. Any opinions or views of third parties expressed in this document are those of the third parties identified, and do not represent views of Oversea-Chinese Banking Corporation Limited (“OCBC Bank”, “us”, “we” or “our”).
  2. This information is intended for general circulation and / or discussion purposes only. It does not consider the specific investment objectives, financial situation or needs of any particular person.
  3. Before you make an investment, please seek advice from your Relationship Manager regarding the suitability of any investment product taking into account your specific investment objectives, financial situation or particular needs.
  4. If you choose not to do so, you should consider if the investment product is suitable for you, and conduct your own assessments and due diligence on the investment product.
  5. We are not making an offer, solicit to buy or sell or subscribe for any security or financial instrument, enter into any transaction or participate in any trading or investment strategy with you through this document. Nothing in this document shall be deemed as an offer or solicitation to buy or sell or subscribe for any security or financial instrument or to enter into any transaction or to participate in any particular trading or investment strategy.
  6. No representation or warranty whatsoever in respect of any information provided herein is given by OCBC Bank and it should not be relied upon as such. OCBC Bank does not undertake an obligation to update the information or to correct any inaccuracy that may become apparent at a later time. All information presented is subject to change without notice.
  7. OCBC Bank shall not be responsible or liable for any loss or damage whatsoever arising directly or indirectly howsoever in connection with or as a result of any person acting on any information provided herein.
  8. Investments are subject to investment risks, including the possible loss of the principal amount invested. The information provided herein may contain projections or other forward-looking statements regarding future events or future performance of countries, assets, markets or companies. Actual events or results may differ materially. Past performance figures, predictions or projections are not necessarily indicative of future or likely performance.
  9. Any reference to a company, financial product or asset class is used for illustrative purposes and does not represent our recommendation in any way.
  10. The information in and contents of this document may not be reproduced or disseminated in whole or in part without the Bank’s written consent.
  11. OCBC Bank, its related companies, and their respective directors and/or employees (collectively “Related Persons”) may, or might have in the future, interests in the investment products or the issuers mentioned herein. Such interests include effecting transactions in such investment products, and providing broking, investment banking and other financial services to such issuers. OCBC Bank and its Related Persons may also be related to, and receive fees from, providers of such investment products.
  12. You must read the Offer Document/Indicative Term Sheet/Product Highlight Sheet before deciding whether or not to purchase the investment product, copies of which may be obtained from your relationship manager.
  13. Any hyperlink to any third party article, or other website or webpage (including any websites or webpages owned, operated and maintained by third parties) is for informational purposes only and for your convenience only and is not an endorsement or verification of any such article, website or webpage by OCBC Bank and should only be accessed at your own risk. OCBC Bank does not review the contents of any such articles, website or webpage, and shall not be liable to any person for the same.
  14. There are links or hyperlinks which link you to websites of other third parties (the “Third Parties”). OCBC Bank hereby disclaims liability for any information, materials, products or services posted or offered on the website of the Third Parties.

What is the best way to buy gold and silver?

The two most common places where you can purchase precious metals are from an online dealer, such as JM Bullion, or a local coin shop. Local coin shops have been around almost as long as money has. They evolved from pawn shop establishments into a more specialized form of resale stores.

What is the best way to buy a gold?

You can purchase gold bullion in a number of ways: through an online dealer such as APMEX or JM Bullion, or even a local dealer or collector. A pawn shop may also sell gold. Note gold's spot price – the price per ounce right now in the market – as you're buying, so that you can make a fair deal.

Is it better to buy gold coins or bars?

Gold is considered a reliable investment in all cases. Gold bars are particularly so, since their value can be accurately determined by the live spot price. Gold coins will command slightly higher premiums over the spot price than gold bars, due to the extra minting costs, and the commemorative nature of their value.

Is buying gold and silver a good idea?

Both gold and silver are great investment options for just about any diversified portfolio. These assets are known to be great stores of value, often experiencing price growth even in times of poor market conditions and economic uncertainty.

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