Product Details

Degussa - ID 748


Degussa Platinum Bar - 100 gram

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.


Pricing Details:

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%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (SGD 4,315.12) of its value
  • Current best rates for borrowing
    • 1 month loan at only 5.5% per annum (Interest: SGD 19.78)
    • 6-month loans at only 5.8% per annum (Interest: SGD 124.06)
    • 12-month loans at only 3.8% per annum (Interest: SGD 161.82)
    • 24-month loans at only 7.5% per annum (Interest: SGD 647.27)


Storage Fees: 0.45%*

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

Other Services

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.

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