The 2018 South African Krugerrand Silver Coin 1oz has been GST Exempted as of 17 Jan 2019.
Purchase your piece of 2018 South African Krugerrand Silver Coin now before we completely sell out for this iconic pure 999 silver coin!
Limited Quantities available and whilst stocks last!
We are proud to introduce to you the American Liberty 225th Anniversary Gold Coin minted in 2017 in celebration of the US Mint and their 225th anniversary.
For the first time in its minting history, the US has produced a $100 Proof High Relief coin. In 2015, the U.S. Mint issued a different $100 High Relief coin, but it was considered a Mint State coin as opposed to a Proof coin.
This coin also features a “Deep Cameo” look, which NGC calls “Ultra Cameo.” Deep Cameo means that the coin has a fully frosted finish and has completely reflective fields.
American Liberty 225th Anniversary Gold Coins have a 100 Dollar denominational value and are minted in .9999 24–karat gold, in high–relief.
The final winner for our Royal Mint Britannia Giveaway is
Stevenson Chew
SXXXXX76A
Here’s a recap of the 4 winners for our Britannia Month Giveway!
Week No. | Name of Winner | Giveaway |
1 | Desmond Tan (SXXXXX61I) |
01 x Royal Mint 2019 Britannia Platinum Coin 1oz |
2 | Charles Chau (SXXXXX99D) |
01 x Royal Mint 2019 Britannia Platinum Coin 1oz |
3 | Joseph Ng (SXXXXX40D) |
01 x Royal Mint 2019 Britannia Platinum Coin 1oz |
4 | Stevenson Chew (SXXXXX76A) |
01 x Royal Mint 2019 Britannia Platinum Coin 1oz |
Thank you so so much for participating and we hope you had as much fun as we did!
Joseph’s famous words to us were “I saw this advert (for the Royal Mint Britannia Giveaway). But I have never won any lucky draw in my life.”
Well, guess what Joseph? You are indeed our winner for week 3 of our Royal Mint Britannia Giveaway!
So, Joseph also tripled his chances to win his piece by buying via our GSC Live! platform for this giveaway! Do it like our 3 winners to increase your winning odds by purchasing via our GSC Live platform.
Don’t miss out on your Last Chance to walk home with our last piece of 2019 Royal Mint Britannia Platinum Coin 1oz!
You might just be the person to be our final winner so don’t miss out on our giveaway! http://bit.ly/RMBritGiveaway
Guess who’s our happiest customer for today? It’s Charles Chau (SXXXXX99D) who’s gonna walk home with his 2019 Britannia Platinum 1oz Coin! Congratulation on being our Winner for Week 2 🎉
Just 2 more pieces of the 2019 Royal Mint Britannia Platinum Coin 1oz up for grabs so don’t miss out on our giveaway! http://bit.ly/RMBritGiveaway
Here, we have one of the 115,000 minted pieces of the 2009 Ultra High Relief St. Gaudens Double Eagle. This piece is also proof like and is graded as an MS70, signifying perfect condition.
This piece is also extremely rare with only 20 pieces available with Mr Thomas S Cleveland’s Signature on the slab.
Thank you for participating the first week of our 2018 Royal Mint Britannia Month Giveaway!
The Winner for Week 1 is Desmond Tan (SXXXXX61I)
Desmond tripled his chances of winning when he bought via our GSC Live! platform. So do it like Desmond and purchase via our GSC Live! platform to increase your winning odds!
We still have 3 more pieces of the 2019 Royal Mint Britannia Platinum Coin 1oz up for grabs so don’t miss out on this opportunity!
WEEK 2 OF BRITANNIA MONTH GIVEAWAY HAS BEGUN!
We still have 3 more pieces of the 2019 Royal Mint Britannia Platinum Coin 1oz to Giveaway so don’t miss out on this opportunity to bring home your free Britannia Platinum Coin 1oz!
For Week 2, please submit your order online or via our GSC Live! platform from 12 Nov 18, 10am to 18 Nov 18, 11:59pm and we’ll announce the winner on 19 Nov 18, 12pm.
We hope you will be our next lucky winner 🙂
Click here to learn more on how to participate in our Britannia Month Giveaway
This is a group for anyone interested in understanding and pursuing Numismatic knowledge. We will be sharing educational information on Numismatic Gold and Silver Coins, their purposes in the market and how you can turn your interest into an investment as well!
For this meetup, we will be covering Advanced Numismatic Topics on
- How to Navigate through PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) website to fully utilize their Online Resources to be an informed Numismatist
- Coin Focus: $20 St Gaudens Gold Coin. We will discuss the design, rarity, and history of this coin
WHY NUMISMATICS?
Numismatics is the proper term for collector coins having added value to their collectors as beautiful, old, precious, rare items, in addition to the value of the metal they contain.
This meetup will be more hands-on with live demonstrations on utilizing the grading websites and on the iconic $20 St Gaudens Gold Coin.
TOPICS COVERED FOR THIS ADVANCED NUMISMATICS MEETUP:
- Navigating through PCGS Website
- Navigating through NGC Website
- Coin Highlight: St Gaudens Gold Coin
We will also cover a short 5 minutes overview of how the Precious Metals Market has been doing over the past week.
NUMISMATICS SPECIALIST:
Stephen Thorson
An investor of Gold, Silver, Platinum and Palladium Precious Metals for 27 years, Stephen Thorson has accumulated a vast and thorough knowledge when it comes to Numismatics.
–
So come join us!
Extremely popular with investors, the Perth Mint Lunar Series II featuring a collection of Gold and Silver coins are Perth Mint’s flagship range. The designs based on the 12-year Zodiac Animals are a huge hit with coin collectors and bullion investors internationally, and has created a craze for avid fans to complete their gold and/or silver lunar coins from new releases each year.
PERTH MINT WEEK – EXCLUSIVES FROM OUR SEALED VAULT
From 1st October 2018 (Monday, 10am) to 8th October 2018 (Monday, 10am), we are releasing never-seen Perth Mint Lunar Silver and Gold coins of extremely limited quantity (most already have declared mintages) in our online store. All coins are in mint condition and comes individually encapsulated in a tight plastic capsule.
We would be releasing Pre-Orders for the 2019 Australian Lunar Pig Silver Coins as well!
The Lunar 1oz Silver Coins have a mintage of 300,000 and have consecutively been sold out, usually within days or a week after their launch dates.
For easier references on the mintage of our Perth Mint Lunar Series available on our website, we have compiled the declared mintages at the end of this post for you.
TRADE IN YOUR SILVER COINS & TOP UP A SMALL AMOUNT FOR PERTH MINT ITEMS!
Trade in your LBMA Silver Coins 1oz (Canadian Maple Leaf, Philharmonics, American Eagles) for a HIGHER buyback price and top up the price difference to get your hands on the limited mintage Perth Mint Silver Lunar series coins.*
Buyback prices will be based on the bid spot price on our website with no further discounted prices on your buyback items. This means that you get to sell your coins at higher prices, while unlocking the chance to purchase limited mintage silver coins.
*Please refer to our Terms & Conditions below for this arrangement.
Don’t miss out on completing and adding onto your collection!
Look out for the Perth Mint week on 1st October 2018, Monday at 10am!
YEAR | COIN DESCRIPTION | DECLARED MINTAGE |
2012 | 2012 Australian Lunar Dragon (Lion Privy) Silver Coin 1oz | 200,000 |
2012 | 2012 Australian Lunar Dragon Silver Coin 2oz | 118,738 |
2013 | 2013 Australian Lunar Snake Gold Coin 2oz | 6,693 |
2013 | 2013 Australian Lunar Snake Silver Coin 1/2oz | 160,616 |
2013 | 2013 Australian Lunar Snake Silver Coin 1oz | 300,000 |
2013 | 2013 Australian Lunar Snake Silver Coin 2oz | 56,133 |
2013 | 2013 Australian Lunar Snake Silver Coin 5oz | 20,552 |
2013 | 2013 Australian Lunar Snake Silver Coin 10oz | 28,213 |
2013 | 2013 Australian Lunar Snake Silver Coin 1Kg | 32,083 |
2014 | 2014 Australian Lunar Horse Silver Coin 1/2oz | 249,155 |
2014 | 2014 Australian Lunar Horse Silver Coin 1oz | 300,000 |
2014 | 2014 Australian Lunar Horse Silver Coin 2oz | 112,801 |
2014 | 2014 Australian Lunar Horse Silver Coin 5oz | 31,232 |
2014 | 2014 Australian Lunar Horse Silver Coin 10oz | 29,983 |
2014 | 2014 Australian Lunar Horse Silver Coin 1Kg | 39,100 |
2015 | 2015 Australian Lunar Goat Silver Coin 1/2oz | 188,442 |
2015 | 2015 Australian Lunar Goat Silver Coin 1oz | 300,000 |
2015 | 2015 Australian Lunar Goat Silver Coin 2oz | 61,843 |
2015 | 2015 Australian Lunar Goat Silver Coin 5oz | 16,920 |
2015 | 2015 Australian Lunar Goat Silver Coin 10oz | 26,932 |
2015 | 2015 Australian Lunar Goat Silver Coin 1Kg | 25,536 |
2015 | 2015 Australian Lunar Goat Silver Proof Coin 1oz | 8,500 |
2016 | 2016 Australian Lunar Monkey Silver coin 1/2oz | 233,615 |
2016 | 2016 Australian Lunar Monkey Silver coin 1oz | 300,000 |
2016 | 2016 Australian Lunar Monkey Silver coin 5oz | 23,486 |
2016 | 2016 Australian Lunar Monkey Silver Proof Coin 1oz | 4,176 |
2016 | 2016 Australian Lunar Monkey Silver 3-Coins Proof Set 3.5oz | 1,000 |
2017 | 2017 Australian Lunar Rooster Silver Coin 1/2oz | 114,537 |
2017 | 2017 Australian Lunar Rooster Silver Coin 1oz | 300,000 |
2017 | 2017 Australian Lunar Rooster Silver Coin 2oz | 32,967 |
2017 | 2017 Australian Lunar Rooster Silver Coin 5oz | 12,331 |
2017 | 2017 Australian Lunar Rooster Glided Proof Silver Coin 1oz | 4,677 |
Terms & Conditions for Buyback Arrangement during Perth Mint Week:
- Condition of the coins must be in good condition, as determined by GSC staff
- Not limited to 1-1 quantities, Clients can sell as many LBMA Silver Coins 1oz as they wish and purchase as many Lunar Series Coins as they wish to.
The Mexican Libertad Gold Coins in 1 troy ounce denomination are highly desired by investors due to their impressive and classic design that is bound to stand out in any collection.
The 2018 Mexican Libertad 1oz Gold Coins have a limited mintage of only 2,050 and come from the oldest mint in North America; Casa de Moneda de México.
For more details on the coins, please click on the following link: http://bit.ly/2018mexicanlibertadgold
Interested in collecting beautiful pieces of historical Gold and Silver Coins but don’t know where to begin? Then this meet up is for you!
This is a group for anyone interested in understanding and pursuing Numismatic knowledge. We will be sharing educational information on Numismatic Gold and Silver Coins, their purposes in the market and how you can turn your interest into an investment as well!
WHY NUMISMATICS?
Numismatics is the proper term for collector coins having added value to their collectors as beautiful, old, precious, rare items, in addition to the value of the metal they contain.
Investments in Numismatics enhances your leverage potential which could result in twofold, threefold and even more, regardless of market fluctuations. We will be covering the topics of Diversification, Profit Potential, and Aesthetics.
We’ll be featuring Numismatic Gold coins such as the Saint Gauden and liberty head during the meetup. Here’s a video teaser on our St Gauden Gold Coins!
TOPICS COVERED FOR THE INTRODUCTION:
• Introduction to Numismatics
• Grading and Numismatic Leverage
• Numismatic Pricing and Value Variables (Mintage and such)
• Which Gold and Silver Coins to collect/invest in
We will also cover a short 5 minutes overview of how the Precious Metals Market has been doing over the past week.
NUMISMATICS SPECIALIST:
Stephen Thorson
An investor of Gold, Silver, Platinum and Palladium Precious Metals for 27 years, Stephen Thorson has accumulated a vast and thorough knowledge when it comes to Numismatics.
–
So come join us!
Revealing our First Batch of 2018 Silver Krugerrands!
Our first tubes of 2018 Silver Krugerrands are here! Watch this video to get a first look at the design of this iconic Silver Coin.
We are happy to announce that we have added a new payment method for our products and services: PayNow 🎉
What is PayNow
PayNow is a peer to peer fund transfer service that allows you to transfer funds to 9 participating banks in Singapore:
OCBC Bank |
UOB Bank |
|
Citibank |
Maybank |
|
This enables you to send payments to GoldSilver Central using your bank’s existing internet banking or mobile banking app via PayNow.
All you need is GoldSilver Central’s PayNow QR Code or UEN (Unique Entity Number):
UEN: 201107187N
Why use PayNow for payments to GoldSilver Central:
- No bank charges/additional charges to you*
- Transfer Limit of S$ 200,000 per transaction**
- Multiple transactions are accepted
- Transactions are almost immediate
- 24/7 availability
- Safe and Secure
*Please note that this would be applicable from now until 31 December 2019.
**The transfer limit would depend on your own limits set for your Fund Transfer Limits in your Online Banking Account.
How to use PayNow to make payments/funds transfers
- Log into your Bank’s existing Internet Banking Platform/ Mobile Banking app. (For each bank’s instructions on using PayNow, you can click on your bank’s icon above to be directed to their designated PayNow information page)
- At PayNow transfer screen, you can either scan the GoldSilver Central PayNow QR Code or choose Unique Entity Number and key in our UEN: 201107187N.
- Key in the Amount to be transferred.
- Confirm that the recipient of the funds is GoldSilver Central, and send the money. It will be transferred almost instantly.
- The status of your transfer will be shown in your existing Internet Banking Platform/ Mobile Banking app.
https://www.abs.org.sg/videos/File-System/paynow_send-money-demo-video_final.mp4?_=1
And that’s it!
The QR code and UEN Number will be updated on our website’s FAQ under Regarding Payment – What are my payment options, and on our Standard Settlement Instructions (SSI) available in Resources.
Celebrate Singapore’s 53rd Birthday with our National Day Specials!
From 24 July 2018 to 10 August 2018, we are having a promotion on our popular products and NDP Features! Click here to see our promotions.
For the first time in 51 years, the iconic Krugerrands are now available in Pure Silver.
Originally available as 916 Gold, the Krugerrands are now available in Pure Silver (999 Purity) in 1 troy ounce denomination.
The Silver Krugerrands will be produced with unlimited mintage as a Brilliant Uncirculated Silver Coin with a denomination of 1 Rand and is guaranteed by the South Africa Mint.
A little information about Krugerrands
Krugerrands possess a rich history. The gold coins were first minted in 1967 and they accounted for 90% of the global gold coin market by 1980. Since their first year of production, more than 50 million ounces of Gold Krugerrands have been sold and traded globally. It was even the number 1 choice for investors worldwide looking to include gold in their financial portfolio during the bull gold market in the 1970s.
It was only in 2017 that Silver Krugerrands were introduced into the market in celebration of the coin’s 50th anniversary. The 2017 Silver Krugerrands were only available in Proof quality.
Now, for the first time in history, the Silver Krugerrands are now available as Brilliant Uncirculated Silver coins with low competitive bullion premium pegged directly to spot prices.
Silver Kruggerand’s Status in Singapore (to date)
Currently, the 2018 South Africa Krugerrands are taxable. We expect them to be exempted from tax later this year.
You can purchase the Silver Krugerrands from us at the Freeport and take physical delivery at a later date this year. Precious Metals stored at the Freeport are not subjected to tax.
About Freeport Storage Option
Upon checking out via this option, you would be purchasing into our 2018 South African Krugerrand Silver Coin 1oz inventory stored at the Freeport. You can request to take physical delivery of your coins, but please note that tax will be payable at this current point of time. By selecting this option, you would be given 6 months worth of secured storage from your point of purchase charged at only S$0.20.
Additional storage charges would be payable upon the end of the 6-months storage.
Please click on the banner on to know more about the Freeport Storage Option:
For more clarifications, please drop us a call at +65 62229703 or email us.
The 2018 South Africa Krugerrand Silver Coins are available as single coins or mint tubes (25 silver coins each) or in monster boxes (25 tubes, 500 silver coins).
Plastic Capsules sold separately.
Pre-Order your 2018 South Africa Krugerrand Silver Coin 1oz now!
It’s time to let us know who you think will be the winning team for the Third Match of our Football Specials 2018!
Products Up for Release:
3rd Match Details:
Name of Match: England vs Belgium
Match Date: 29 June 2018, Friday, 2am
Promotion Period: 30 June 2018, Saturday, 1pm to 04 July 2018, Wednesday, 5pm.
Need a recap on how the football specials work? Click here!
Click on the button below to participate in the Third Match (England vs Belgium) of our Football Specials 2018!
It’s time to let us know who you think will be the winning team for the Second Match of our Football Specials 2018!
Second Match Details:
Name of Match: Germany vs Sweden
Match Date: 24 June 2018, Sunday, 2am
Promotion Period: 25 June 2018, Monday, 1pm to 28 June 2018, Thursday, 5pm.
Click on the button below to participate in the Second Match (Germany vs Sweden) of our Football Specials 2018!
Hari Raya – A timely occasion to give special gifts to loved ones to show appreciation and affection.
In celebration of Hari Raya, we are having promotions on Gold and Silver Bullion and Jewellery from 6 June to 24 June 2018!
We now accept DBS PayLah! for our online payment for enhance ease and convenience when it comes to making payments for your online orders, or your storage fees or your GSAP payments (basically any payments required to GoldSilver Central) without any additional charges.
How to use DBS PayLah! for online payments:
Instructions
- Open your DBS PayLah! app on your mobile devices.
- Select the “Scan QR” icon on your screen.
- Scan the PayLah! QR code above (or click on the image for a bigger resolution)
- Enter the Amount and do indicate your order number in the message.
- Press “Next”, re-confirm the information and press “Let’s Go!”
- Your transaction confirmation will appear in the next screen.
Still unsure and need an elaborate walkthrough?
Here you go:
Elaborate Walkthrough on How to use DBS PayLah! Online Payment
- Open your DBS PayLah! app on your mobile device and select the “Scan QR” icon your screen:
- Scan the GSC Pay Lah! QR code:
- Input the amount for payment, indicate your order/invoice number in the details field and select Next button
- Review and check your transaction and then select “Let’s Go!”. You will see a processing page:
- Your transaction has been confirmed:
Don’t have a DBS PayLah! Account and interested to get one?
Preview of full Precious Metals Bullion Insights Report
To receive the full report of our Precious Metals Bullion Insights on a weekly basis, please subscribe here:
(We promise there will be no spam but informative insights from our in-house technical analyst team!)
PRECIOUS METALS MARKET REVIEW.
Weekly Spot Price (30 April – 4 May 2018) | ||||
Open | High | Low | Close | |
Gold | 1322.47 | 1325.40 | 1301.37 | 1312.91 |
Silver | 16.50 | 16.58 | 16.04 | 16.46 |
Platinum | 911.45 | 919.18 | 908.27 | 914.19 |
Precious Metals News Updates:
· | Exclusive: World’s biggest gold ETF launching new low-fee fund –source The World Gold Council, owner of the world’s largest gold-backed exchange traded fund (ETF), is launching a new fund with a cut-price management fee to fend off rivals with lower charges, a source familiar with the matter told Reuters. |
· | · Lebanon Central Bank Governor on Elections, Reforms, Gold Lebanon Central Bank Governor Riad Salame discusses the Lebanese elections, structural reforms, financial engineering, protection of the peg and his outlook for gold. |
· | Inflation Trade: Gold Lags, Silver Leads As Expected If an inflationary phase took root last week, the expected happened as silver took over leadership from gold. However, the trend in Silver/Gold is still down and until that changes some caution about an inflationary party atmosphere is warranted. |
· | LAWRIE WILLIAMS: Chinese gold demand way up in April Indeed April 2018 gold withdrawals were comfortably higher than those in April 2015 too, but in the latter year gold withdrawals out of the SGE were particularly strong in the second half of the year and totalled almost 2,600 tonnes for the full year – around 80% of total global new mined production. |
Economic figures to monitor this week:
Day & Date | Economic Events | |
Monday, 7/5/2018 | Retail Sales (MoM) (Mar) (AU) | |
Tuesday, 8/5/2018 | Fed Chair Powell Speaks (US)
JOLTs Job Openings (US) |
|
Wednesday, 9/5/2018 | PPI (MoM) (Apr) (US)
Crude Oil Inventories (US) |
|
Thursday, 10/5/2018 | Manufacturing Production (MoM) (UK)
BoE Inflation Report (UK) BoE Interest Rate Decision (May) (UK) Core CPI (MoM) (Apr) |
|
Friday, 11/5/2018 | ECB President Draghi Speaks (EUR) |
TECHNICAL ANALYSIS.
Current Market mode*: Cyclical (as defined by daily ADX) | ||
Weekly Short Term Outlook: Downward Bias (as defined by weekly CCI Indicators) | ||
Short term cyclical indicators show a downward bias for the week as CCI (3) and (9) are hovering below the -100 level. | ||
Long term trend: Up (as defined by yearly Moving Averages) | ||
|
The nearest support level is now at USD1297 (13 period EMA) as gold prices continue to rise. | |
NOTE: | In Non Trending Mode markets (aka range trading markets), CCI directional Indicators have statistically demonstrated a higher correlation to market direction. Additionally, we overlay the CCIs in a format that further reveals market cyclical structure and thus enhances market analysis. | |
COMMITMENT OF TRADERS REPORT (ANALYSIS)
Reportable positions as of 01 May 2018,
Commitment of Traders Report | |||||||||
Commercial | Non Commercial | ||||||||
Producer/Merchant
/Processor/User |
Swap Dealers | Managed
Money |
Other
Reportables |
Non
Reportable Positions |
|||||
Long | Short | Long | Short | Long | Short | Long | Short | Long | Short |
54,547 | 201,900 | 124,542 | 107,539 | 128,474 | 76,489 | 74,827 | 23,444 | 58,266 | 31,283 |
Changes in commitments from 24 April 2018, | |||||||||
-1,755 | -16,211 | 574 | -22,427 | -29,503 | 32,875 | 3,609 | -20,223 | 2,596 | 1,507 |
OUR TAKE:
Commercials increase their long positions by 54,547 contracts during the period of 24 April 2018 to 1 May 2018, while also increasing their short positions by 201,900 contracts during the same period.
(Focus is only on the Producer/Merchant/Processor/User as they are hedgers and Gold producers. Non-Commercials refer to CTAs and fund managers who trade (speculate) professionally. Commercial hedgers usually hold an edge over the speculators in the long run due to their “stronger hand” advantage and are usually reliable indicators of trend changes)
Call us at 6222 9703 or email at bullioninsights@goldsilvercentral.com.sg to discuss with us how to further interpret the data.
In this article, World Platinum Investment Council explores the theme of Platinum’s Correlation to Gold and what this suggests for Platinum Investors.
Platinum is a precious metal that is also industrial. As an investment asset, platinum’s value is influenced by its supply demand fundamentals and also the macro trends that affect precious metals. More investors are considering platinum’s macro responses when looking for an alternative to equities; this could increase platinum investment demand.
Market view: Gold is acknowledged as the investment asset least correlated with other investment classes. It’s called a currency more often than a commodity but yet it is included in many commodity indices.
Our view: Platinum remains in lockstep with gold and consequently offers similar benefits. The sustained high correlation between the price of platinum and the price of gold since 2011 suggests that platinum offers investors an alternative investment that is ‘as good as gold’.
Many investors looking for asset classes largely to diversify risk, consider commodities or gold. Gold is included in many portfolios as a hedge against macro events, global risk, interest rates, inflation, etc., and is reliably traded on macro trends — more particularly those that directly impact the US dollar.
Platinum offers similar qualities. When (or ‘if’ as critics suggest) platinum shrugs off the negative sentiment that currently overwhelms its supply demand fundamentals, this diversifier also offers interesting upside, in our view, but remains ‘as good as gold’ until then.
To read the full article, please click here.
Dear customers, please take note that our retail shop will be closed this Saturday (24 Mar 18). The whole team will be at the Singapore International Coin Fair 2018 (Booth R31 and R32)! See you there!
WE ARE BACK FOR SINGAPORE INTERNATIONAL COIN FAIR 2018!
Yes, we are back for our annual participation in the Singapore International Coin Fair 2018 from 23 March 2018 (Friday) to 25 March 2018 (Sunday) at Sands Expo & Convention Centre, Hall A, Level 1 at Marina Bay Sands, Singapore!
Admission is free for all!
Opening Hours of Event:
23 March 2018 (Friday) – 10:30am to 06:00pm
24 March 2018 (Saturday) – 10:00am to 06:30pm
25 March 2018 (Sunday) – 10:00am to 05:00pm
This year, we will be showcasing GSC Numismatics and Austrian Mint for the coin fair and we will be at Booth R31 and R32
Expect extremely rare gold and silver pieces of history with our GSC Numismatics Division where we have Pre-1933 US Gold and Silver Coins sold individually or as Packages (Starter to Intermediate Level).
Not sure where to start your Numismatics Journey? Our GSC Numismatics Specialists will be present during the event to answer any pressing questions you have and more than happy to take you on your first foray into the hobby of kings. Our Pre-1933 Silver and Gold Coins include Slabbed and BU Peace Silver Dollars, Morgan Silver Dollars, $20 St Gauden Gold Coins, $10 Liberty Head Gold Coins and more at attractive prices just for the coin fair!
For the first time in Asia, GSC is honoured to feature Austrian Mint’s Kissed Awake Gold and Silver Jewellery Collection during this coin fair exclusively! These exquisite Gold and Silver Jewellery Pieces will be showcased for the first time in Asia and are for sale at our booth!
On top of the Kissed Awake Jewellery Collection, we will be bringing in your usual favourites from Austrian Mint such as the Guardian Angel Silver Coin Collectibles, Austrian Mint Bullion Bars and Coins, Wildife in our Sights Gold Coin Collectibles and more!
Last but not least, our standard Bullion Promotions for our China Pandas, Lunar Coin Series and more.
To get first dips and previews of our Coin Fair Promotions and to register your interest for Austrian Mint’s Kissed Awake Jewellery Collection, opt into our newsletter now:
Stay Tune for more updates from us!
Merry, Merry Christmas and a Happy New Year to you!
We will be closed on the following dates for the Holiday Period:
23/12/17 (Saturday) to 25/12/17 (Monday)
Business as usual from 26/12/17 (Tuesday) to 29/12/17 (Friday)
30/12/17 (Saturday) to 01/01/18 (Monday)
Business as usual from 02/01/18 (Tuesday) onwards
–
Merry Christmas and Happy Holidays!
Here are some directions to our office when you walk over from Nankin Row!
We will start with the iconic 3-man statue
Walk towards the direction of Ya Kun/Sushi Tei and you will pass by the construction site for an upcoming hotel on your right.
On your left, you will pass by cafes and restaurants such as GentleBros and Aglio Olio.
You will then pass by (defunc) Wall Street Cafe on your left with an underpass. A header “Nankin Row” will be there a point of reference.
Walk through the underpass and see a huge number 15 on your right (this is staircase 15). Continue walking straight and you will pass by a outdoor bench area on your right.
Keep walking straight
You will see Great Eastern Centre in front of you. At this point, turn to your right and see a skincare company on your right. We are just a few shops away! Walk straight from here.
You will pass by L’erbolario which retails Natural Italian Beauty Products.
Walk straight ahead and you will see our GoldSilver Central Banner.
and you have reached our showroom!
Still can’t get here? Give us at call at +65 62229703!
We’ll be happy to guide you here personally.
*Disclaimer: companies featured here are personal opinions of the team. This is not a sponsored ad*
It’s the time of the year again!
Our 2018 silver, gold and platinum bars and coins will be coming in soon in batches in the next few months and you can indicate your interest by clicking on the button below:
Here are the products indicated in the form (we will be updating more items into the form as we get news of it):
Item: 2018 Australian Lunar Dog Silver Coin
Denomination: 1kg, 10oz, 5oz, 2oz, 1oz, 1/2oz
Item: 2018 Australian Lunar Dog Gold Coin
Denomination: 2oz, 1oz
Item: 2018 Australian Koala Silver Coin
Denomination: 1kg, 10oz, 1oz
Item: 2018 Australian Kookaburra Silver Coin
Denomination: 1kg, 10oz, 1oz
It’s official! We are closed just for this Saturday (16 September 2017) as we are moving to our new office.
Please note that we will NO LONGER BE located at 18 Cross Street #01-24 China Square Central from Monday (18 September 2017) onwards and our NEW ADDRESS is 03 Pickering Street #01-15/16 Nankin Row Singapore 048660.
For more information on our new office, please click here.
Preview of full Precious Metals Bullion Insights Report
To receive the full report of our Precious Metals Bullion Insights on the first working day of each week, please subscribe here:
(We promise there will be no spam but informative insights from our in-house technical analyst team!)
[gravityform id=”3″ title=”true” description=”true”]
PRECIOUS METALS MARKET REVIEW.
Weekly Spot Price (14 August – 18 August 2017) | ||||
Open | High | Low | Close | |
Gold | 1289.85 | 1300.61 | 1267.06 | 1284.1 |
Silver | 17.07 | 17.27 | 16.53 | 16.93 |
Platinum | 984.08 | 987.81 | 950.43 | 976.58 |
Precious Metals News Updates:
· | Gold trades little changed as investors focus on geopolitics, central bank meet. Gold prices were little changed on Monday as investors sought further direction after a week of geopolitical uncertainty in the United States and Europe and ahead of a meeting of central bankers later this week. | ||
· | All that glitters is profit in China’s gold mines as demand for safe haven boost precious metal sales. Hedging demand triggered by political uncertainty became the main driver of the periodical increases in gold price. |
Economic figures to monitor this week:
Day & Date | Economic Events |
Wednesday, 23 August 2017 | ECB President Draghi Speaks
New Home Sales (Jul) (US) Crude Oil Inventories |
Thursday, 24 August 2017 | GDP (QoQ) (Q2) (UK)
Existing Home Sales (Jul) (US) |
Friday, 25 August 2017 | Core Durable Goods Orders (MoM) (Jul) (US)
Fed Chair Yellen Speaks |
TECHNICAL ANALYSIS.
NOTE:
In Non-Trending Mode markets (aka range trading markets), CCI directional Indicators have statistically demonstrated a higher correlation to market direction. Additionally, we overlay the CCIs in a format that further reveals the market cyclical structure and thus enhances market analysis.
COMMITMENT OF TRADERS REPORT (ANALYSIS)
Reportable positions as of 15/8/2017,
Commitment of Traders Report | |||||||||
Commercial | Non Commercial | ||||||||
Producer/Merchant /Processor/User |
Swap Dealers | Managed
Money |
Other
Reportables |
Non Reportable Positions |
|||||
Long | Short | Long | Short | Long | Short | Long | Short | Long | Short |
32,943 | 191,174 | 71,922 | 114,046 | 196,453 | 16,916 | 80,313 | 68,019 | 44,294 | 35,769 |
Changes in commitments from 8/8/2017 | |||||||||
-424 | +13,652 | -2,380 | +23,283 | +29,385 | -11,586 | +3,188 | +2,170 | -23 | +2,227 |
OUR TAKE:
Commercials continued to decrease their long positions while increasing their shorts positions by -424 contracts and 13,652 contracts respectively during the period of 8/8/2017 to 15/8/2017. Gold rallied 2% to reach the 1290 level, a level last seen in June. This is the first time in 4 weeks that Commercials increased their shorts position significantly. The last time this happened, Gold rallied as well.
(Focus is only on the Producer/Merchant/Processor/User as they are hedgers and Gold producers. Non Commercials refer to CTAs and fund managers who trade (speculate) professionally. Commercial hedgers usually hold an edge over the speculators in the long run due to their “stronger hand” advantage and are usually reliable indicators of trend changes)
Call us at 6222 9703 or email at bullioninsights@goldsilvercentral.com.sg to discuss with us how to further interpret the data.
Extracted from World Platinum Investment Council:
An overview of the report:
This article tackles investors’ concern on the negative impact that powertrain electrification would have on platinum demand. Recently, an announcement was made for the Ultra Low Emission Zone in London. This is a plan set to ban sales of new diesel and petrol cars by 2040 to reduce air pollution.
Excerpt from Platinum Perspectives July 2017:
We believe the market is overestimating the negative impact of powertrain electrification (moving to EVs) on platinum demand. We explain why EVs represent only a limited risk to platinum demand (even excluding potential demand upside from Fuel Cell Electric Vehicles, or FCEVs).
Market assumption:EVs don’t contain platinum. Some market participants confuse EVs and Battery Electric Vehicles (BEVs). For example, Volvo’s announcement that it would be producing only ‘electric’ cars post 2019 was significantly misinterpreted by many press sources.
Our view: In fact; Volvo committed to producing only cars that have an electric motor. This will include five new BEVs, the balance being hybrids, which can have gasoline or diesel internal combustion engines, and require platinum group metals (PGMs). Given mild hybrids are expected to gain significant market share, it is likely that most of Volvo’s cars will contain PGMs, post 2019 and in the foreseeable years to come. Different types of EVs have significantly different effects on platinum demand.
Conclusion – most EVs contain PGMs. “Electrification” (e.g. as defined by Volvo) may not have a negative effect on platinum demand. Diesel share is more important; our June 2017 Platinum Perspectives explains why we believe diesel share may be higher for longer.
Full credits to World Platinum Investment Council for the Platinum Perspective July 2017 Report.
We are thrilled to announce that GoldSilver Central will be moving to a new retail-office location at 03 Pickering Street #01-15/16 Nankin Row Singapore 048660 in early September 2017.
*Update*: Our moving day is on 16 September 2017 and the office will be closed on Saturday.
For the past 5 years, our old office in China Square Central has served us extremely well. It supported us through our first tradeshow, the expansion of our team and many, many more milestones.
But, we have to keep up with the growing needs of our team and our customers – which mainly led us to the decision of relocating. We know we want to serve you better.
LOCATION FIGURE 1 & 2
GoldSilver Central’s new physical location features a retail storefront for our physical Gold, Silver and Platinum coins and bars collection. In addition, we will be displaying products from our latest venture: GSC Numismatics.
We are not far away from our old office, just a 5 minutes walk down China Street!
Directions to GSC NEW OFFICE from China Square Central
- Exit CHINA SQUARE CENTRAL from the TAXI STAND and walk towards the roundabout drop off point (it will be on your left).
- Turn left passing by the roundabout drop off point and walk to the shophouses. You should pass by the basement carpark entrance. CLUB MEATBALL will be right in front (shophouse at the corner).
- Walk onto CHINA STREET. Walk all the way straight – You will pass by SUSHI TEI (on your left), YA KUN (opposite) and 7-ELEVEN (on your left).
- At the corner of the shophouses before GREAT EASTERN BUILDING, turn Left. (Carpark Entrance will be on your right)
- You have reached our new office!
Our new address is 03 Pickering Street #01-15/16 Nankin Row Singapore 048660.
Extracted from World Platinum Investment:
Platinum Quarterly is commissioned by the World Platinum Investment Council and based upon independent research and analysis conducted by SFA (Oxford). It is our intention to publish similar commentary every quarter ensuring greater transparency of the global platinum market and the delivery of regular data to investors.
The next Platinum Quarterly will be published on 6th September 2017.
This eleventh edition of the Platinum Quarterly, published on 15th May 2017, includes Q1 2017 analysis of platinum supply and demand fundamentals. It also gives a view of the global above ground stocks of platinum and an outlook for market fundamentals for 2017.
An overview of this report
This report incorporates analysis of platinum supply and demand during the first quarter of 2017, during which time total mine supply hit 1,330 koz, down 6.3% year-on-year and the lowest since Q3 2014.
- Today’s report shows that overall platinum supply is projected to fall by 2% year-on-year to 7,330 koz in 2017, with both primary and secondary supply expected to decline.
- Recycling is projected to fall by 6% year-on-year to 1,760 koz in 2017. Secondary supply from jewellery recycling is projected to decline by 20% year- on-year with recycling trends normalising following unusually large stock flows in China last year.
- Automotive demand for 2016 and 2017 is revised upward by 45 koz. The revisions reflect higher than expected global vehicle sales with increased loadings, while greater scrutiny of emissions is also believed to be limiting moves to thrift platinum loadings.
- Global platinum ETF holdings grew by 65 koz in the first quarter, with increases observed across most regions. ETF assets in the quarter were at their highest level since the fourth quarter of 2015. Bar and coin demand during the first three months of 2017 was supported by the minting of 20,000 one- ounce US American Eagle bullion coins in January, all of which were sold in just three days. Overall platinum investment demand is now projected to be 250 koz this year.
- Global platinum jewellery demand for the quarter increased 3% year-on-year, buoyed by increased Chinese retail sales during the quarter. However, global jewellery demand for 2017 is forecast to slip 1% from 2016, with anticipated declines in China and Japan outweighing gains in India and other regions.
- The platinum market is expected to be broadly balanced over the year, with a deficit of 65 koz in 2017 predicted. Above Ground Stocks are expected to end the year at 1,885 koz, a 3% fall on 2016, but more than 54% down from 2012.
PRECIOUS METALS MARKET REVIEW.
Weekly Spot Price (19 June – 23 June 2017) | ||||
Open | High | Low | Close | |
Gold | 1253.62 | 1258.69 | 1240.65 | 1255.47 |
Silver | 16.63 | 16.75 | 16.31 | 16.59 |
Platinum | 926.15 | 933.83 | 915.9 | 926.43 |
· | Gold Prices Weekly Forecast: Narrow Ranges Likely, Selling Interest On Rallies. Several US economic data release this week may suggest a decisive impact on sentiments surrounding the US economy, the Federal Reserve policy and Gold Prices. | ||
· | Gold Plunges After 1.8 Million Ounces Were Traded in One Minute. Bullion sank at 9 a.m. in London on Monday after a huge spike in volume in New York futures that traders said may have been the result of a “fat finger,” or erroneous order. Trading jumped to 1.8 million ounces of gold in just a minute, an amount that’s bigger than the gold reserves of Finland. | ||
· | Gold Miners (GDX) Setting Up For A Big Move Soon. Gold and especially gold mining stocks rebounded on Wednesday and trended higher into the weekend. This is giving some investors renewed hopes that the bull market that began roughly 18 months ago is about to reassert itself. | ||
· | Economic figures to monitor this week: | ||
Day & Date | Economic Events | ||
Tuesday, 27 June 2017 | BoE Financial Stability Report (UK)
CB Consumer Confidence (Jun) |
||
Wednesday, 28 June 2017 | Fed Chair Yellen Speaks (US)
Pending Home Sales (MoM) (May) (US) Crude Oil Inventories (US) |
||
Thursday, 29 June 2017 | GDP (QoQ) (Q1) (US) | ||
Friday, 30 June 2017 | Manufacturing PMI (Jun) (CHN)
GDP (QoQ) (Q1) (UK) |
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PRECIOUS METALS MARKET REVIEW.
Weekly Spot Price (5 June – 9 June 2017) | ||||
Open | High | Low | Close | |
Gold | 1279.66 | 1295.9 | 1264.38 | 1265.55 |
Silver | 17.5 | 17.7 | 17.11 | 17.11 |
Platinum | 952.84 | 967.18 | 933.86 | 935.5 |
Precious metals updates…
· | Gold edges up on weaker stocks, dollar ahead of Fed meeting. Gold inched up on Monday as Asian stocks fell and the dollar eased ahead of a U.S. Federal Reserve policy meeting that could give clues on the pace of interest rate hikes over the rest of the year. | ||
· | SHARPS PIXLEY Sees A 252 pct Increase In Physical Gold Demand. The elections leading to a hung parliament in the UK have seen a rush into physical gold by investors, as the country slips into a political vacuum. The uncertainty both in the UK and indeed geopolitical concerns across the globe have fed into firmer gold prices which have risen 11 pct so far in 2017 in international markets. | ||
· | Economic figures to monitor this week: | ||
Day & Date | Economic Events | ||
Tuesday, 13 June 2017 | CPI (YoY) (May) (UK) PPI (MoM) (May) (US) |
||
Wednesday, 14 June 2017 | Industrial Production (YoY) (May) (CHN) Claimant Count Change (May) (UK) Core CPI (MoM) (May) (US) Core Retail Sales (MoM) (May) (US) Crude Oil Inventories (US) |
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Thursday, 15 June 2017 | Fed Interest Rate Decision (US) BoE Interest Rate Decision (Jun) (UK) |
||
Friday, 16 June 2017 | BoJ Monetary Policy Statement (YoY) (JPN) BoJ Interest Rate Decision (JPN) CPI (YoY) (May) (EUR) Building Permits (May) (US) |
Interested in our full free weekly Technical Analysis Report for Precious Metals?
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After 5 years since we launched our Ecommerce website, we are extremely pleased to present our newly revamped website, designed and adapted to a more modern feel and more importantly, a clearer picture of our full range of products and services that we provide to you.
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