100 gram (3.2151 oz)64 oz sold |
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Out-of-stock |
Out-of-Stock |
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Platinum’s name is derived from the Spanish term "Platina del Pinto", which is literally translated into "little silver of the Pinto river." Platinum is one of the rarest elements found in the Earth's crust, with an annual production of around 30 metric tons (vs. ~2,500 tons for gold and ~ 23,000 tons for silver). Mining is very geographically concentrated, as South Africa accounts for over 80% of the world's production.
Points computation: 1 bar = 32.20 points
| Tier | 1 | 3 | 5 |
|---|---|---|---|
| Points required | - | 3,000 | 10,000 |
| Price | SGD 9,690.38 | SGD 9,678.07 | SGD 9,665.75 |
| Price/Gram | SGD 96.90 | SGD 96.78 | SGD 96.66 |
| Price/oz | SGD 3,014.05 | SGD 3,010.22 | SGD 3,006.38 |
| Percentage Over Spot (ASK PRICE) | 11.75% | 11.61% | 11.47% |
| Buy/Sell Spread | 11.58% | 11.46% | 11.35% |
| Duration | Storage Fee Per Parcel |
|---|---|
| 6 months | SGD 19.51 |
| 12 months | SGD 39.02 |
| 24 months | SGD 78.04 |
| 36 months | SGD 117.06 |
| 60 months | SGD 195.10 |
| Item | Cost Per Bar |
|---|---|
| Transfer-in and testing | SGD 19.00 |
* 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.