GSC Savings Accumulation Program (GSAP) is a unique program whereby we help investors to accumulate precious metals based on the Dollar-Cost Averaging method. By putting aside a minimum amount of SGD 100 a month for 1 cycle (3 months) to accumulate into your preferred precious metal type you are technically doing the following:
Taking reference to a month with 20 business days, you will be accumulating $5 worth of Gold daily;
($100 / 20) = $5 will be used to purchase into Gold
The value of holding these precious metals way surpass paper currencies or coins due to its unique diversification role in an investor’s portfolio. Regardless of the Market condition and by investing in precious metals daily with GSAP, you would have had unknowingly diversified your portfolio to:
- Hedge for Inflation
- Protect against Deflation
What’s so intriguing about this program is that you can flex it anytime. – you can sell part of your holdings for cash or take *physical delivery during the accumulation period. As these holdings are physical holdings, there is a storage fee of 2.5% per annum, calculated on a daily basis, which works out to be less than S$0.50 for the whole month during your first accumulation month. As your holdings increase, the storage charges will increase as well. For a $100, storage fees are less than 1 cent, if fact it is only 0.7 cents per day!
Fancy a piece of Gold bar or coin? Opt to take physical delivery against your holdings by contacting us, and we can arrange all these for you.
Signing up is just a click away, head over to our website, and click on the “Sign Up” button under the GSAP section. We look forward to helping you accumulate your savings in precious metals for all occasions and needs.
*Physical Delivery refers to swapping your accumulated holdings for a physical precious metal bar or coin of your choice. Most of our Gold bars are LBMA accredited and are recognized internationally. When taking physical delivery, a premium top-up is required, and the amount varies from product to product.