
Rand Refinery Limited is the largest integrated single-site precious metals refining and smelting complex in the world. It was established in 1920 to refine gold within South Africa. All the gold used to manufacture Krugerrand coins is supplied by the Rand Refinery to the South African Mint, who has been appointed the sole supplier of bullion Krugerrands to primary distributors both locally and internationally.
Key Highlights:
Specifications:
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Points computation: 1 bar = 37.50 points
| Tier | 1 | 3 | 5 |
|---|---|---|---|
| Points required | - | 3,000 | 10,000 |
| Price | SGD 23,392.64 | SGD 23,383.12 | SGD 23,373.59 |
| Price/Gram | SGD 200.56 | SGD 200.48 | SGD 200.39 |
| Price/oz | SGD 6,238.04 | SGD 6,235.50 | SGD 6,232.96 |
| Percentage Over Spot (ASK PRICE) | 1.62% | 1.58% | 1.54% |
| Buy/Sell Spread | 5.71% | 5.67% | 5.63% |
| Duration | Storage Fee Per Parcel |
|---|---|
| 6 months | SGD 40.28 |
| 12 months | SGD 80.57 |
| 24 months | SGD 161.13 |
| 36 months | SGD 241.70 |
| 60 months | SGD 402.83 |
| Item | Cost Per Bar |
|---|---|
| Transfer-in and testing | SGD 41.00 |
* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.