While some metals have played their part in the economy and people's lives for a short time and went back into the dark, metals like silver have remained valuable commodities, mainly in countries like Singapore. With the Singaporean Government actively rendering undeterred support to the bullion sector in the country, it is indeed an ideal location to make a bullion trade. So why should you invest in Singapore’s lowest price silver bullion?
By Team Savant
Image: Scottsdale Mint
Silver Bullions in Singapore: An Overview
In general, silver, just like gold, is a tangible asset. In its physical form, this metal is referred to as silver bullion, a valuable investment asset.
Compared to all other countries, Singapore is very safe to indulge in silver bullion trading. That is because it is a country with lower crime rates.
Moreover, since 2012, the transactions made towards investment-grade silver and precious metals like platinum and gold have also been exempted from Singapore’s Goods and Service Tax (GST).
While Europe and America were limiting the investments flowing into precious metals, the Singaporean Government dedicated a force to transform the country into a well-connected storage and transit hub for silver bullions and other precious metals.
So, in such a widely received country where precious metals have been flourishing, how do you get your hand on Singapore’s lowest price silver bullion?
How to Get Silver Bullions in Singapore?
In Singapore, physical silver like bullions can be bought through retailers and dealers. You can either purchase it from a reputable online dealer or visit a well-known brick-and-mortar shop deal in tangible silver bullions.
However, there are many benefits in buying silver bullions from a trusted online retailer rather than buying from a jewellery outlet or pawnshop. Some of these benefits include:
Ease of access
24x7 Browsing Options
Better prices and deals
Once you have shortlisted the online seller that you are planning to buy the silver bullion from, finding the right product which is reasonably priced is relatively easy.
Browse Different Products
When you land on an online reputable online retailer's page, browse through the catalogue and shop to find options that match your budgetary constraints.
As there are no tax charges for silver bullions in Singapore, you do not have to worry about additional fees or hidden values during purchase.
Add Bullions to Cart and Checkout
Once you decide on the right bullion to buy, add the product to the cart and choose a delivery method that best suits your needs.
In Singapore, you can choose vault storage options, personal collection/pick-up, or shipping by the courier as a delivery option for silver bullions.
Pick A Payment Method
Some of the standard payment methods available in online retailers in Singapore include NETS, PayNow, transfer through bank, Bitcoin cash, Bitcoin, Litecoin, and more. After you place an order, all you have to do is wait for the silver bullion to get delivered to the mode of delivery that you have opted for.
With Singapore ranking in the top three regarding business and transactions, finding Singapore’s lowest price silver bullion will be easier once you identify a reputed online seller.