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How to Invest in Gold Singapore

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Why invest in Gold

Gold has always been a preferred investment for investors. It provides a effective hedge against economic crises and secures your assets as it is a safe haven to protect you against inflation of currency.

Where can we buy Gold?

Physical Gold

UOB Bank or Jewelry Shops

Gold Certificates

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You can buy them at UOB. Cons for it will be, you cannot buy online. You have to be at the branch physically with a Gold Saving account in order to buy or sell you gold.

Trading Gold

Stocks, Bonds and ETF. You can use the major brokerage to trade. They are listed in SGX in USD. Fundsupermart.

Etoro – Allows you to buy and short Gold too.

CONS

Gold is usually traded in USD. Usually you will occurred a exchange rate charge when you convert back to SGD.

Posted in Knowledge.


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