Benefits of buying physical bullion

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We know physical bullion carries a premium and this premium includes the cost incurred for storage, insurance and delivery when we bring in the bullion from different countries to Singapore. However, despite paying a premium on top of the precious metals price, there are good reasons on why investors buy and own physical Precious Metals.

1. No counterparty risk:
   By owning a physical Precious Metals, there is no middleman or third party involved. The owner has it in his or her possession and can directly sell or trade it anywhere in the world.

 

2. It is a tangible asset:
   If you buy a physical Gold or Silver, you can hold/caress it in your hands and admire its beauty from time to time.

 

3. It is liquid and portable:
   LBMA accredited “Good Delivery” is highly liquid in the market. Unlike other investment forms such as fine art pieces which takes longer time to sell, physical bullion is portable and can be carried and sold to any authorized bullion dealer in the world based on the Loco London price.

 

4. Easy to store and low maintenance:
   Physical bullion holds high value and requires small spaces. It can be easily stored or hidden in your home. We do have a client bought a large Silver bar (1000oz) and placed it at the garden as a seat! Also, you can opt for professional storage program and store it in vault. Check out our GSC Bullion Storage Program with affordable storage fees!

 

5. Requires no specialized knowledge:
   You do not need professional skills or expertise in buying physical bullion. For other forms of investments such as diamonds, fine art pieces or antiques, you probably need certain product knowledge before investing in it. You may wonder how you can ensure that the bullion you bought is genuine. Well, the simplest way to ensure authenticity is to purchase from authorized, reputable bullion dealers.

 

GoldSilver Central is an authorized, reputable bullion dealer in Singapore for 10 years and we carry a wide range of physical bullion from various LBMA accredited mints and refineries. Just in case you did not know, this year March was our 10^th Anniversary! If you are interested in buying physical bullion, feel free to get in touch with us and we will be more than happy to walk with you throughout your Precious Metals investing journey!

 

 

 

Evonne