Certificates are sold in multiples of 1 kilobar of 999.9 fineness. One Certificate is subject to a maximum of 30 kilograms.

• Debit from your UOB Singapore account.
• Pay by cash up to a maximum of S$20,000.
• Pay by cashier’s order up to a maximum value of S$250,000. (For payment by cashier’s order, you may collect the gold certificate after the cashier’s order is cleared on the following day.)

You can check prices on our website under rates and fees. The prices are indicative and may be different at time of actual transaction.

In purchasing a UOB gold certificate, the customer should understand and acknowledge that:

• The gold market is volatile;
• Losses can be incurred from such an investment;
• An investment in gold provides no dividend yield or interest; and
• Prices would have to rise sufficiently over the investment period in order to yield a profit on sale.

The minimum age to transact in gold certificate is 18 years.

Gold Certificates are not subject to Goods & Services Tax (GST). However, charges are subject to GST. Conversion of the Gold Certificate into physical Investment Precious Metal gold is exempted from GST with effect from 1 Oct 2012.

There is a S$5 certificate fee for the purchase of a Gold Certificate. There is also an annual administration fee of S$72 per kilo bar for Gold Certificates holders (with effect from 1 June 2013). Both the certificate fee and administrative fee are subject to the prevailing Goods & Services Tax (GST). Customers are required to maintain a savings or current account with UOB in Singapore and to authorise the bank to debit the annual administration fee from the account.

Yes, subject to your available gold limit and rules of the CPF investment scheme. In addition to an annual administration fee of S$72 per kilobar (with effect from 1 June 2013) and certificate fee of S$5 per certificate, there is a quarterly service charge of S$2.00, subject to prevailing Goods & Services Tax (GST). The Gold Certificates will not be passed onto CPF investors. The certificates have to be safe kept by UOB, the agent bank under the CPF Investment Scheme.

A Gold Certificate may be held by a maximum of two holders. Both holders must be present during the purchase of the Gold Certificate. In the case of a loss of the Gold Certificate, both holders must be present to report the loss. For an “and/or” account, either holder is allowed to sell the Gold Certificate.


However, if you are using CPF, the Gold Certificate can only be issued to CPF account holder.

In the event of adding, replacing or removing the holder(s), all the parties involved must be present, and the existing Gold Certificate must be presented. A new Gold Certificate will be issued and a certificate fee of S$5 per certificate will be charged.

If you had used CPF to purchase gold certificate you cannot replace or remove holders. The Gold Certificate holder must be the CPF account holder.

Customers should inform the Bank immediately in writing if the Gold Certificate is lost, misplaced or stolen. A new Certificate may be issued upon satisfactory explanation being given to Bank, payment of the cost of issuing a new Certificate and the holder signing the Bank’s prescribed indemnity form. The Bank may also require an advertisement to be placed in the local newspapers at the holder’s cost and expense in respect to the loss, misplacement or theft.

Gold coins and gold bars can be purchased at UOB Main Branch from 9:30 am to 4:30 pm, Mondays to Fridays excluding public holidays.

You can also buy gold coins and gold bars online through UOB Personal Internet Banking. For orders made on Personal Internet Banking, please collect your gold piece(s) in person at UOB Main Branch within 5 working days. There will be a late collection charge thereafter.

Banking Hall Basement
80 Raffles Place, UOB Plaza 1
Singapore 048624

We have a range of gold coins and gold bars for your selection, subject to availability. More information is available online under Rates and Fees/Gold Prices. You can also check the availability of gold coins and gold bars online through UOB Personal Internet Banking, under Investment/Gold and Silver.

It is not necessary to have a UOB account to buy gold coins and gold bars.

You can check gold coin and gold bar prices on our website. The prices are indicative and may be different at time of actual transaction.

• Debit from your UOB Singapore account.
• Pay by cash up to a maximum of S$20,000.
• Pay by cashier’s order up to a maximum value of S$250,000. (For payment by cashier’s order, you may collect the gold after the cashier’s order is cleared on the following day.)

Purchases of gold coins and gold bars are exempted from Goods & Services Tax (GST) with effect from 1 October 2012.

UOB accepts gold coin or gold bars originally bought from UOB Singapore or OUB Singapore. Customers are required to produce invoices of purchase satisfactory to UOB.The gold coins or bars must be in good condition (to be solely determined by UOB which decision shall be final). For the gold kilobar, the seal must be intact.

Prices for the gold kilobar and international gold are different because of the differences in the type of gold and market conditions.

UOB’s price for gold kilobars reflects the price of gold kilobars of 99.99% fineness quoted in SGD/kg The international gold price reflects the price of 'large' gold bars of 99.5% fineness quoted in USD/troy ounce which are deliverable in London before any tax or duty.

Yes, please provide the following documents:

• Identification card / original passport
• Proof of residential address (eg. Bank statement, utility or phone bill bearing the account holder's name and address)

Gold Savings Accounts (GSA)/Silver Savings Accounts (SSA) can be opened at any UOB branch in Singapore from Mondays to Fridays during banking hours.

You may choose to have a passbook or receive statements of accounts in respect of your GSA or SSA.

You can transact at any UOB branch in Singapore from Mondays to Fridays during banking hours. Our banking hours are:

• For selected branches with extended hours: 9.30am to 6.00pm.
• For all other UOB branches: 9.30am to 4.30pm
• You can also transact on the Personal Internet Banking platform from Mondays to Fridays, 8.00am to 11.00pm. This service is not available on Saturdays, Sundays and public holidays in Singapore.

You can check prices:

• at our UOB website under Rates & Fees; or
• using UOB Personal Internet Banking by clicking onto 'Widgets' on the top right hand corner.

Before purchasing gold/silver products, the customer should understand and acknowledge that:

• the gold and silver market is volatile;
• losses, including the loss of your principal investment, can be incurred from such an investment;
• an investment in gold or silver provides no dividend yield or interest;
• prices would have to rise sufficiently over the investment period in order to yield a profit on sale; and
• investments in gold and silver are not guaranteed by the Bank nor insured under the Deposit Insurance Scheme.

The minimum age is 18 years old.

The minimum transaction amount is 5 grams of gold for GSA and 10 ounces of silver for SSA.

The minimum balance requirement is 5 grams of gold for GSA and it is 10 ounces of silver for SSA.

Monthly service charges on the GSA are payable. The monthly service charges are charged in grams of gold. The service charge for GSA is the higher of:

• 0.12 grams of gold per month; or
• 0.25% per annum on the highest gold balance recorded in your GSA in a calendar month.

The service charges will be accrued monthly and debited from the account annually at the end of the year or upon closure of the account. For account closure, the service charges would be calculated on a pro-rata basis. GST on the service charge is applicable.

For Illustration purpose only:

• If you are holding on to 100 grams of gold throughout a year, the service charge would be the higher of:
  - 0.12grams x 12 = 1.44 grams; or
  - 0.0025 x 100grams = 0.25 grams.
  This means that the annual service charge for 100 grams would be 1.44 grams of gold. GST chargeable on the service charge would be 0.1008 grams.
• If you are holding on to 1,000 grams of gold throughout a year, the service charge would be the higher of:
  - 0.12grams x 12 = 1.44 grams; or
  - 0.0025 x 1,000 = 2.50 grams.
  This means that the annual service charge for 1,000 grams would be 2.50 grams of gold. GST chargeable on the service charge would be 0.175 grams.

Monthly service charges on the SSA are payable. The monthly service charges are charged in ounces of silver.
The service charge for SSA is the higher of:

• 0.2 ounces of silver per month; or
• 0.375% per annum on the highest silver balance recorded in your SSA in a calendar month

The service charges will be accrued monthly and debited from the account annually at the end of the year or upon closure of the account. For account closure, the service charges would be calculated on a pro-rata basis. GST on the service charge is applicable.

For Illustration purpose only:

• If you are holding on to 10 ounces of silver throughout a year, the service charge would be the higher of:
  - 0.2 x 12 = 2.4 ounces; or
  - 0.00375 x 10 = 0.0375 ounces.
  This means that the annual service charge for 10 ounces would be 2.4 ounces of silver. GST chargeable on the service charge would be 0.168 ounces.
• If you are holding on to 1,000 ounces of silver throughout a year, the service charge would be the higher of:
  - 0.2 x 12 = 2.4 ounces; or
  - 0.00375 x 1000 = 3.75 ounces.
  This means that the annual service charge for 1,000 ounces would be 3.75 ounces of silver. GST chargeable on the service charge would be 0.2625 ounces.

There is no GST charged on the sale and purchase of gold and silver through GSA and SSA. However, the service charges for GSA and SSA are subject to GST and the GST is debited in grams of gold and ounces of silver from the accounts at the end of the year.

Yes, there is an additional charge of three cents per gram of gold (or such other amount that we may stipulate) on the amount quoted when customer buys. There is no additional charge when the customer sells the gold.

You may pay in cash or authorise us to debit the amount from your UOB Singapore account.

Alternatively, you may purchase gold using CPF funds.

There will be an early account closure fee of S$30.00 (subject to GST) charged if you close a UOB GSA or SSA within six months from the date you opened the GSA or SSA.

The account balances cannot be exchanged for or converted to physical gold or silver or gold certificates.

UOB gold prices are quoted in SGD while the international gold prices are quoted in USD. The UOB gold prices are based on international gold prices and will therefore be affected by the foreign exchange rates.

Yes, you are required to be present at the branch to open an account. New account openings are subject to the Bank’s approval.
Please provide the following documents:

• identification card / original passport of account holder and work permit/student pass/other documents demonstrating your Residency status;
• proof of residential address (eg. bank statements, utility or phone bills bearing the account holder's name and address);
• banker's reference letter/letter of introduction in form and substance acceptable to the Bank may be required; and
• such other documents as the Bank may require.

Yes, you may use CPF funds to buy, subject to the rules of the CPF Investment Scheme, including your available gold limit.

Your gold holdings with UOB will be reflected in your CPF Investment Account monthly statement.

You are responsible for ensuring that there are sufficient funds in your CPF Investment Account to buy the gold. If your request to use CPF funds to buy the gold is rejected or you do not have enough CPF funds to do so, you will have to pay cash for the gold. If you do not have sufficient cash to pay for the gold you will have to sell the gold to the Bank and pay for the difference in the price movement between the contracted price and the Bank’s prevailing purchase price.

No, you cannot use CPF for SSA transaction. SSA is not one of the products allowed by the CPF Investment Scheme.

The Bank has ceased trading of GSA and SSA on Saturdays due to the closure of the market and the non-availability of gold/silver prices over the weekend.

If you do not have a gold/silver savings account, you will first need to visit a UOB branch to open the account.

If you already have a gold/silver savings account, login to UOB Personal Internet Banking > 'Investments' > 'Gold and Silver'. Alternatively, you can login to UOB TMRW > 'Services' > 'Buy Gold/Silver'.

Simply login to UOB Personal Internet Banking > 'Investments' > 'Gold and Silver'. Alternatively, you can login to UOB TMRW > 'Services' > 'Sell Gold/Silver'.

Simply login to UOB Personal Internet Banking and select > 'Account Information' > 'Account Summary'. Alternatively, you can login to UOB TMRW and select 'Accounts'.

Yes, you may do so for the statement version (but not the passbook version) of the GSA or SSA account via Personal Internet Banking. Please refer to our website for more information on e-statements.

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