Buy Gold · Singapore · Active Mandate
Buy gold in Singapore, below LBMA spot, from Africa direct.
OnePiece has an active mandate for 10 kilograms of investment-grade African gold at USD 5,000 below the LBMA spot price per kilogram. The gold is export-permitted, independently assayed, and available for carrier delivery to Singapore under full documentation. Zero GST applies to investment gold in Singapore.
Singapore as a gold buying hub
Singapore occupies a singular position in the global gold market. It is home to LBMA-accredited refinery operations from Metalor and Heraeus, an active LME warehouse network, and a deep licensed bullion dealer community spanning private names like BullionStar through to the precious metals desks of UOB, Maybank Singapore, and DBS. The Singapore Freeport offers one of the most sophisticated private vault and bonded storage facilities in the world.
Singapore abolished GST on investment-grade gold in 2012, recognising it as a financial instrument rather than a consumption good. Under the Investment Precious Metals (IPM) scheme, gold with a purity of 99.5% or higher — including investment-grade cast bars — is exempt from the standard 9% GST on import and sale. This removes a significant friction cost for institutional buyers, making Singapore the most tax-efficient jurisdiction in Southeast Asia for physical gold acquisition.
Singapore buyers are among the most sophisticated in Asia. The city-state's regulatory environment — MAS oversight, the PSPM Act for precious metals dealers, and the strong rule-of-law framework — creates a culture of documentation discipline and compliance rigour that aligns well with the structured settlement approach OnePiece uses.
The Africa-to-Singapore channel
The logistics channel from African gold origins to Singapore is well-established. Specialist carriers Brinks and Malca-Amit operate regular precious metals airfreight routes between major African export hubs and Changi Airport. Changi's cargo infrastructure includes dedicated secure vaults within the airfreight terminal, and Singapore Customs procedures for investment gold are straightforward: zero import duty, zero GST under the IPM scheme, with standard documentary clearance.
Transit times from West African export points via direct airfreight typically run three to five business days to Singapore, with the bulk of the ten-day transaction timeline consumed by documentation finalisation, escrow setup, and carrier booking rather than physical transit. The carrier provides door-to-vault delivery to the buyer's nominated storage facility — Singapore Freeport, a bank vault, or a private facility.
The insurance coverage on the shipment is arranged in the buyer's name at declared value, with the policy confirmed before the carrier takes possession. This is standard practice for specialist precious metals carriers operating at this scale.
Current mandate — Singapore specification
Metal
Gold (Au)
Quantity
10 kilograms
Form
Investment-grade cast bar — independently assayed
Purity
≥ 99.5% — qualifies for Singapore GST IPM exemption
Origin
Africa — export documentation complete
Price
USD 5,000/kg below LBMA PM Fix
Singapore GST
Zero — Investment Precious Metals (IPM) scheme
Settlement
Bank escrow · Letter of Credit
Delivery
Specialist carrier (Brinks / Malca-Amit) · Changi Airport · Vault delivery
Timeline
10 business days from signed agreement
Repeat supply
Quarterly consignments available
Documentation
Assay cert · Export permit · Insurance cert · AWB
Who is buying in Singapore
Singapore institutional gold buyers engaging with this mandate fall into several distinct categories. Licensed bullion dealers — including the larger independent dealers and the precious metals arms of Singapore-incorporated trading companies — are the natural wholesale buyers, acquiring below spot for inventory that will be retailed or processed at or above spot.
Family offices domiciled in Singapore — particularly those at private banks including the Credit Suisse/UBS integration, Julius Baer Singapore, and Pictet — are building physical gold allocations at competitive entry cost. The private wealth arms of DBS, OCBC, and UOB serve high-net-worth clients who increasingly request direct physical allocation rather than paper proxies.
Corporate treasuries and smaller commodity trading entities seeking to diversify reserves into non-correlated hard assets at below-market cost round out the buyer profile. In each case, the mandate's structure — formal escrow, full documentation, specialist carrier — satisfies the compliance and operational requirements of a Singapore-regulated institutional buyer.
Open for Singapore buyers now.
10kg, USD 5,000/kg below LBMA spot. Zero GST. Carrier delivery to Singapore. Full documentation. Bank escrow. 10-day close.
WhatsApp +60 19-873 8500