UBGROUPSG
UBGROUPSG
Important notices

Purchase and collection of physical gold at the UBGROUPSG Gold Counter is by appointment only. Bank officials will never ask you to transfer money, buy gold or disclose banking details over a phone call.

From 1 April 2026, the Gold Savings Account monthly service charge is 0.25% per annum, based on the highest gold balance recorded in each calendar month.

Gold with the mark of expertise

Gold and Silver

Gold with the mark of expertise

Tap into decades of trusted expertise with UBGROUPSG's Gold Savings Account. Start your gold journey today.
At a GlanceOur SolutionsRates & FeesFAQs

At a glance

Gold with the mark of expertise

Enjoy the flexibility to buy and sell gold conveniently and convert eligible Gold Savings Account holdings into physical gold. Your holdings are backed by gold assets for added peace of mind.

Decades of expertiseTrusted access to gold and silver solutions through UBGROUPSG.
Flexible accessBuy, sell and check eligible holdings online or through UBGROUPSG Pulse.
Tangible optionsChoose savings accounts, physical precious metals or certificates.

Our Gold & Silver solutions

Choose how you want to invest

Gold Savings Account

GOLD ACCOUNT

Gold Savings Account (GSA)

Buy, sell and check your gold holdings conveniently online or in UBGROUPSG Pulse, with the flexibility to convert eligible holdings into physical gold.
  • Existing UBGROUPSG Singapore account required
  • Minimum age: 18 years
  • Minimum initial purchase: 5 grams of gold
Physical Gold

GOLD BARS AND COINS

Physical Gold

Gold bars and bullion coins offer a tangible way to preserve wealth. UBGROUPSG provides access to authentic products with secure purchase and collection arrangements.
  • Purchase online using Personal Internet Banking
  • Collection at the UBGROUPSG Main Branch Gold Counter
  • Collection is strictly by appointment
Gold Certificates

SECURE HOLDING

Gold Certificates

Invest in physical gold without handling or storing it yourself, while retaining the option to exchange the certificate for cash or physical gold.
  • Sold in kilobar quantities
  • Up to 30 kilobars per certificate
  • Certificates do not expire
XAU

MARKET EXPOSURE

XAU

XAU represents one troy ounce of gold and is traded against the US dollar, providing exposure to gold prices without physical storage or delivery.
  • Available to eligible Privilege Banking customers
  • Currency-style exposure through XAU/USD
  • Market and foreign-exchange risks apply
Gold structured products

MARKET-LINKED RETURN

Structured products

Returns are linked to gold prices and are intended for investors with a stronger risk appetite who understand the relevant product conditions.
  • Available to eligible Privilege Banking customers
  • Returns depend on specified product terms
  • Capital and market risks apply
Silver Savings Account

SILVER ACCOUNT

Silver Savings Account (SSA)

Buy and sell silver without holding the physical metal, with convenient access to holdings through online banking and UBGROUPSG Pulse.
  • Existing UBGROUPSG Singapore account required
  • Minimum age: 18 years
  • Minimum transaction: 10 ounces of silver

Step-by-step

Opening a Gold Savings Account

Check your eligibility

You must be at least 18 years old and have an existing UBGROUPSG Singapore account. Singapore citizens and permanent residents should bring a physical NRIC or valid passport.

Prepare your UBGROUPSG account

If your banking account was opened online, update your signature at a UBGROUPSG branch and allow at least 72 hours for verification.

Visit a UBGROUPSG branch

Open the GSA and make the minimum purchase of 5 grams, paid directly from your UBGROUPSG Singapore account.

Manage your holdings

After opening the account, buy, sell and review gold holdings through Personal Internet Banking or UBGROUPSG Pulse during available transaction hours.

Physical gold services

UBGROUPSG Main Branch Gold Counter

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

Collection and sales

Monday to Friday, 9.30am to 4.30pm, excluding public holidays.

GSA physical conversion

Monday to Friday, 9.30am to 6.00pm, excluding public holidays.

Rates & fees

Product charges at a glance

ProductRates and fees
Gold bars

Prices are based on international gold prices and adjusted for Singapore market conditions.

Gold bullion coins

Prices include a premium over the international gold price.

Gold certificates

S$5 per certificate and a service charge of S$72 per kilobar per annum. GST applies.

Gold Savings Account

From 1 April 2026: 0.25% per annum based on the highest gold balance recorded in each month.

Silver Savings Account

0.375% per annum of the highest monthly silver balance, subject to a monthly minimum charge of 0.2 ounces.

GSA physical conversion

S$100 per 100g physical gold cast bar converted.

GSA and SSA service charges are accumulated and debited at year end or upon account closure, in the respective metal. GST and an early closure charge may apply.

Frequently asked questions

Gold and silver accounts

Where can I open a GSA or SSA?

Gold and Silver Savings Accounts can be opened at UBGROUPSG branches in Singapore from Monday to Friday during banking hours.

Where can I transact gold or silver?

Transactions are available at participating branches and through Personal Internet Banking or UBGROUPSG Pulse from Monday to Friday, 8am to 11pm, excluding Singapore public holidays.

What are the main risks?

Precious-metal markets are volatile. Prices can fall, investments pay no dividend or interest, principal can be lost, and the products are neither guaranteed by UBGROUPSG nor insured under the Deposit Insurance Scheme.

What are the minimum transaction amounts?

The minimum is 5 grams of gold for a GSA and 10 ounces of silver for an SSA.

Risks

Gold and silver investments are not guaranteed by UBGROUPSG and are subject to risk. Their values and applicable fees fluctuate with international and local precious-metal markets and foreign-exchange markets. Investors may lose part or all of their principal. These products do not pay dividends or interest and are not insured under the Deposit Insurance Scheme.

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