Product Details

Rand Refinery - ID 223


 

Rand Refinery Gold Cast Bar

Rand Refinery is one of the world’s most established and internationally recognized precious metals refiners, with a history dating back to 1920. Based in South Africa, the refinery was established to refine the country’s newly mined gold locally and has since grown into a major name in the global precious metals industry.

Over more than a century of operation, Rand Refinery has refined a significant proportion of the gold produced in Africa and supplies high-purity investment-grade gold to bullion markets around the world. The refinery produces a range of gold bullion products, including cast and minted bars, manufactured to stringent standards of weight and purity.

Rand Refinery is also closely associated with the famous South African Krugerrand, one of the world’s most widely recognized gold bullion coins. All the gold used in the manufacture of Krugerrand coins is supplied by Rand Refinery to the South African Mint. The South African Mint has been appointed as the sole supplier of bullion Krugerrands to primary distributors both locally and internationally. This longstanding role in the production and global distribution of the Krugerrand further reinforces Rand Refinery’s position as a prominent name in the international precious metals industry.

Rand Refinery is accredited by the London Bullion Market Association (LBMA) as a Good Delivery refiner, reflecting its ability to meet the demanding standards required for gold traded within the professional wholesale bullion market.

For investors seeking physical gold from a refinery with a long operating history and strong international recognition, Rand Refinery gold bars provide a straightforward way to own investment-grade physical bullion backed by more than a century of refining expertise.

Key Highlights:

  • Minted by Rand Refinery (South Africa)
  • Contains 100 Troy oz of .999 Fine Gold
  • Various Condition
  • Various Designs
  • May Not Come With Assay Card
  • No GST

Specifications:

  • Cast Bar
  • Rand Refinery Brand Logo
  • Random Serial Number

Other Notes:

Available for purchase in Singapore, Rand Refinery gold bullion bars are a popular option for investors seeking internationally recognised physical gold. Eligible investment precious metals (IPM), including qualifying gold bullion bars, are exempt from GST in Singapore. This makes qualifying Rand Refinery gold bars an accessible option for investors looking to buy, own and store physical gold securely in Singapore.

 

Please do not hesitate to contact us here should you have any questions about our products, services, listings, and any other precious metals-related questions. 


Pricing Details:

Points computation: 1 bar = 964.50 points

Tier 1 3 5
Points required - 3,000 10,000
Price SGD 553,203.70 SGD 552,958.37 SGD 552,713.04
Price/Gram SGD 184.41 SGD 184.32 SGD 184.24
Price/oz SGD 5,735.65 SGD 5,733.11 SGD 5,730.57
Percentage Over Spot (ASK PRICE) 1.62% 1.58% 1.53%
Buy/Sell Spread 3.08% 3.04% 3.00%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 62.5% (SGD 340,079.05) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: SGD 1,275.30)
    • 6-month loans at only 4.8% per annum (Interest: SGD 8,076.88)
    • 12-month loans at only 5.5% per annum (Interest: SGD 18,704.35)
    • 24-month loans at only 6.5% per annum (Interest: SGD 44,210.28)


Storage Fees: 0.35%*

Duration Storage Fee Per Parcel
6 months SGD 952.65
12 months SGD 1,905.30
24 months SGD 3,810.60
36 months SGD 5,715.90
60 months SGD 9,526.51

Other Services

Item Cost Per Bar
Transfer-in and testing SGD 241.00

* 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.

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