Raffles Place stands at the very heart of Singapore’s Central Business District (CBD) and serves as the financial nucleus of Southeast Asia’s gold trade. It is home to the country’s leading banks, bullion dealers, and global trading institutions — making it one of the most reliable and transparent places in the world to buy gold bars.

Whether you are a private investor, jeweler, or international gold trader, Raffles Place offers secure access to certified 24K gold bars, LBMA-accredited dealers, and government-regulated vaulting facilities. Supported by Singapore’s strong financial policies and zero-GST status on investment-grade bullion, Raffles Place has become a global hub for precious metals investment.

Why Buy Gold Bars From Raffles Place

1. Zero Tax on Investment Gold

Singapore’s no GST policy on investment-grade gold makes Raffles Place one of the most cost-efficient gold trading centers in the world. Investors can buy certified gold bars without paying additional taxes, maximizing the value of their investment.

2. Highly Regulated Dealers

All gold dealers operating within Raffles Place are licensed and monitored by the Monetary Authority of Singapore (MAS), ensuring full compliance with anti-money laundering (AML) and transparency laws.

3. Guaranteed Authenticity

Gold bars sold in Raffles Place are refined and certified by LBMA-accredited refiners, such as PAMP Suisse, Metalor, Heraeus, and Argor-Heraeus, guaranteeing purity between 99.9% and 99.99%.

4. Secure Vaulting Options

Raffles Place provides access to state-of-the-art gold vaults located within the CBD, including facilities operated by Brinks, Silver Bullion, and The Safe House.

5. International Connectivity

Situated minutes away from Singapore Changi Airport, Raffles Place offers easy logistics for international gold shipments, ensuring safe transport for buyers across Asia, Europe, and Africa.

Available Types of Gold Bars

1. Investment-Grade Gold Bars

• Purity: 999.9 (24K)
• Weights: 1 oz, 100 g, 250 g, 500 g, 1 kg, 12.5 kg
• Brands: PAMP Suisse, Metalor, Argor-Heraeus, Valcambi, Perth Mint

2. Custom and Collectible Gold Bars

• Personalized with unique serial numbers and brand engravings
• Ideal for institutional clients or long-term investors

3. Raw Gold for Refining or Export

• Sourced from verified suppliers for industrial use
• Requires compliance with Singapore Customs and MAS regulations

Leading Gold Dealers in Raffles Place

1. BullionStar Singapore

Located near Raffles Place MRT, BullionStar offers physical gold bars, online trading, storage, and global delivery services. Their transparent pricing and wide range of products make them a preferred choice for international investors.

2. UOB Gold & Precious Metals Division

United Overseas Bank (UOB) operates one of Singapore’s oldest and most trusted gold trading services, providing government-approved gold bars and secure vaulting.

3. Degussa Precious Metals Asia

A global name in precious metals, Degussa offers Swiss-certified gold bars and personalized investment consultations right within the Raffles Place vicinity.

4. GoldSilver Central Pte Ltd

Licensed by MAS, this dealer provides LBMA-certified bars, real-time pricing, and export logistics for international buyers.

5. Silver Bullion Pte Ltd

While based slightly outside Raffles Place, Silver Bullion’s private vaulting services are trusted by investors worldwide. They offer insured gold storage and export-ready logistics.

The Legal Framework for Gold Trade in Raffles Place

Raffles Place operates under Singapore’s strict but investor-friendly gold trade policies, ensuring full compliance and safety for both buyers and sellers.

Regulatory Authorities:

• Monetary Authority of Singapore (MAS) – Oversees licensing and AML compliance.
• Singapore Customs – Monitors import/export declarations and valuation.
• Singapore Bullion Market Association (SBMA) – Maintains the ethical and technical standards of gold dealers.

Before purchasing, all clients must complete KYC (Know Your Customer) verification to ensure transaction legitimacy.

Step-by-Step Guide: How to Buy Gold Bars From Raffles Place

Step 1: Identify a Licensed Dealer

Start by selecting a MAS-approved bullion dealer. Check official directories from MAS or SBMA for verification.

Step 2: Choose Your Gold Product

Select the bar size and brand that best fits your investment strategy — from small retail bars (1 oz, 100 g) to wholesale bars (1 kg, 12.5 kg).

Step 3: Verify Pricing

Gold bar prices in Raffles Place are based on the international gold spot price plus a small dealer premium, often among the lowest in Asia.

Step 4: Complete the Transaction

Payment methods accepted:

• Bank transfer (SGD, USD, EUR)
• In-person cash payment (for smaller bars)
• Digital transfers or crypto (accepted by select dealers)

Step 5: Choose Storage or Delivery

Investors can either:

• Collect gold bars physically at the dealer’s outlet
• Store them in insured vaults
• Arrange secure international shipment via logistics providers like Malca-Amit or Brinks Singapore

Exporting Gold Bars From Singapore

Singapore’s efficient trade framework makes exporting gold from Raffles Place straightforward.

Required Documents:

• Commercial Invoice & Packing List
• Assay Certificate
• Certificate of Authenticity
• Export Declaration (via Singapore Customs)

Trusted Export Partners:

• Brinks Singapore
• Malca-Amit Logistics
• Le Freeport Singapore

All shipments are fully insured, tracked, and compliant with global trade laws.

Refining and Hallmarking

Gold refiners linked to Raffles Place adhere to international LBMA standards, offering hallmarking and verification services for authenticity.

Top Refiners:

• Metalor Technologies Singapore
• Argor-Heraeus Asia
• PAMP Suisse Singapore Division

These refineries provide refining up to 99.99% purity, issuing globally recognized certificates for all gold bars.

Secure Gold Storage in Raffles Place

Security and discretion are top priorities for investors storing gold in Singapore. Raffles Place offers proximity to elite vaults, such as:

• The Safe House Singapore – Private vaulting for individuals and corporations.
• Le Freeport Singapore – A bonded facility offering confidential storage.
• Brinks Singapore Vault – Institutional-grade vault for bulk storage.

All facilities feature:

• 24/7 surveillance
• Biometric access
• Full insurance coverage
• Independent audit and verification

Investment Opportunities

Raffles Place offers gold investors numerous options to diversify and grow their portfolio:

1. Physical Gold Ownership – Buy and hold tangible bars or coins.
2. Allocated and Unallocated Accounts – Secure digital representation of stored gold.
3. Gold ETFs and Futures – Traded through the Singapore Exchange (SGX).
4. Institutional Partnerships – Invest directly in refining, logistics, or bullion trade.

Risk Management and Buyer Tips

To ensure a safe gold buying experience in Raffles Place:

• Always confirm dealer licensing under MAS.
• Check the LBMA hallmark and serial number on each bar.
• Use insured transport or vaulting for high-value gold.
• Retain all documentation for export or resale.
• Track daily gold spot prices before purchase.

The Future of Gold Trade at Raffles Place

As Singapore expands its role as a global gold trading and fintech hub, Raffles Place continues to evolve with:

• Blockchain-based gold verification systems
• AI-driven pricing analytics
• Green refining technologies
• Digital tokenization of gold assets

These innovations enhance security, traceability, and global accessibility, solidifying Raffles Place as a leading destination for bullion trade.

Conclusion

Buying gold bars from Raffles Place guarantees more than purity — it offers trust, transparency, and world-class security. Supported by Singapore’s strong financial infrastructure, tax benefits, and international connectivity, Raffles Place has become a strategic center for investors seeking real gold assets.

Whether you are purchasing for personal investment, institutional trade, or export, Raffles Place provides the most stable, secure, and globally recognized environment for buying gold bars in Asia.