100 gram (3.2151 oz)64 oz sold |
Current Purchase Price
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Out-of-stock |
Out-of-Stock |
|---|
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 |
| Current Purchase Price | SGD 7,425.29 | SGD 7,412.95 | SGD 7,400.61 |
| Current Price/Gram | SGD 74.25 | SGD 74.13 | SGD 74.01 |
| Current Price/oz | SGD 2,309.52 | SGD 2,305.69 | SGD 2,301.85 |
| Percentage Over Spot (ASK PRICE) | 10.33% | 10.15% | 9.96% |
| Buy/Sell Spread | 11.19% | 11.04% | 10.89% |
| Duration | Storage Fee Per Parcel |
|---|---|
| 6 months | SGD 15.14 |
| 12 months | SGD 30.29 |
| 24 months | SGD 60.57 |
| 36 months | SGD 90.86 |
| 60 months | SGD 151.43 |
| Item | Cost Per Bar |
|---|---|
| Transfer-in and testing | SGD 10.00 |
* 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.