What is The Gold Standard?
Under the gold standard, the government defines the weight of gold connected to a single dollar.
ReadSolutions Freeport Storage
100% tax-free, always
Externally audited and secured
Anytime access
Direct from runway to vault
Beyond bullion, our global clientele gathers art, cars, whisky, and watches at Le Freeport Singapore, or at secure facilities within the tax-free jurisdictions of Hong Kong and Zurich. And if you so wish, your bullion and prized possessions are delivered to your doorstep, no matter where they are.
Our fully allocated and segregated storage facilities within Singapore’s most secure vaults are fully insured. Members of the exchange can now enjoy having their bullion stored with us and have access to instant liquidity should they require it via the Exchange.
Total Market Value of Assets (USD) | Gold Rate per Annum | Platinum / Palladium Rate per Annum | Silver Rate per Annum |
---|---|---|---|
$1,000.00 – $999,999.99 | 0.50%* | 0.50%* | 0.70%* |
$1,000,000.00 – $4,999,999.99 | 0.45%* | 0.45%* | 0.60%* |
$5,000,000.00 and above | 0.40%* | 0.40%* | 0.55%* |
*subject to an additional 9% GST
Request for Vault Storage Quotation
SGPMX Members now have access to their own private safe deposit boxes and mailboxes. Each account is allocated a personal corresponding address to receive mails, packages, and shipments privately within the safe confines of Le Freeport.
We have three types of storage options available. Here are their dimensions, maximum safebox load, and the total annual fee for each of the types.
Type | Mailbox Size | Safe Box Size | Maximum Safe Box Load | Total Annual Fee (USD) |
---|---|---|---|---|
1 | 36 x 30 x 44 cm | 26.5 x 41.3 x 74.85 cm | 24 kg | $2,000.00* |
2 | 36 x 30 x 33 cm | 26.5 x 41.3 x 19.85 cm | 12 kg | $1,700.00* |
3 | 36 x 30 x 22 cm | 26.5 x 41.3 x 9.85 cm | 12 kg | $1,300.00* |
*subject to an additional 9% GST
SGPMX is the only licensed bullion company by Singapore Customs to operate at the state-of-the-art storage facility at Le Freeport Singapore, which is secured 24 / 7 / 365 by the auxiliary police. All traded bullion is insured, allocated and undergoes a comprehensive tracking via F.A.C.T Report.
LEARN MORE ABOUT OUR SECURITY AND SAFEKEEPING MECHANISMS03/2024 17 Min Read
Under the gold standard, the government defines the weight of gold connected to a single dollar.
Read03/2024 10 Min Read
Fort Knox, officially known as the United States Bullion Depository, is reportedly home to 147.3 million troy ounces of gold reserves.
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