UOB Gold Singapore: Prices, Gold Bars & Accounts
UOB offers several ways to access gold in Singapore, including physical gold bars and coins as well as its Gold Savings Account. UOB’s rates are product-specific and differ depending on whether the bank is buying or selling. Gold Singapore places those rates beside a consistent Singapore gold reference so the comparison is meaningful.
UOB’s live buying and selling rates are published directly by the bank and are not reproduced here in real time. For current UOB gold rates, eligibility and product availability, always refer to UOB’s official gold and silver page.
A published UOB rate does not prove every customer or item qualifies for sell-back. UOB’s sell-back terms require eligible products, proof of purchase, intact packaging and applicable account status. Only compare figures where the exact product identity, weight, fineness and timestamps align.
What UOB can do for you
These routes are based on UOB’s verified services, not on ranking or sponsorship. Different business models are not interchangeable, a pawn loan is not a sale, and a retail jeweller is not a bullion buy-back provider.
| Gold purity | Approx. karat | Reference value (SGD/g) |
|---|---|---|
| Pure gold | 24K | 177.94 |
| 999.9 | ~24K | 177.92 |
| 999 | ~24K | 177.92 |
These figures estimate the value of the gold itself. They are not guaranteed retail prices or buy-back offers.
What is the UOB gold price today?
There is no single UOB gold price. UOB publishes different rates depending on the product and whether the bank is buying or selling. The useful question is: which UOB gold product am I looking at, and am I buying it from UOB or selling it back?
The customer purchase price is the price relevant when you buy a specified product from UOB. The eligible customer sell-back price applies when UOB is prepared to buy an eligible product from you. These rates can differ from the underlying market value because you are dealing with a specific physical or account-based product rather than raw wholesale gold.
Why is UOB’s gold price different from the reference?
International gold markets are commonly quoted in US dollars per troy ounce. UOB sells specific gold products in Singapore dollars. A proper comparison needs to account for currency, weight, fineness, product type, product premium, and whether the quote is a customer purchase price or an eligible sell-back price.
For physical gold, UOB says its gold-bar prices are based on international gold prices adjusted for Singapore market conditions. Its bullion-coin prices include a premium over international gold prices. For the broader explanation, see how gold pricing works in Singapore.
Does UOB sell physical gold?
Yes. UOB currently offers physical gold through its Gold & Silver service. Its online purchase flow currently lets customers choose between Kilobar and Small bar. UOB also states that a range of gold coins and gold bars may be available, subject to stock. Exact products and denominations should be confirmed from UOB’s current live product or availability source rather than hard-coded into this article.
Who can buy physical gold from UOB?
Under UOB’s current rules, you must be at least 18 years old and hold an existing UOB Singapore account. UOB states that physical-gold purchases are currently limited to its existing Singapore customers.
Can I sell gold back to UOB?
UOB currently allows customers to walk in to its Gold Counter to sell eligible physical gold back to the bank; no appointment is currently required for sell-back. That does not mean UOB will buy any gold product. UOB’s current sell-back terms require eligible products, satisfactory proof of purchase, intact UOB packaging/seal and the applicable account status. Accepted bars or coins must have been originally bought from UOB Singapore or OUB Singapore.
What is the difference between UOB buying and selling prices?
The customer purchase price (what you pay UOB) is higher than the eligible sell-back price (what UOB pays you) for the same product. The gap between these is UOB’s spread. Only compare the two when they refer to the same UOB product and denomination at the same point in time. A published rate does not prove every customer or item qualifies for sell-back.
What is the UOB Gold Savings Account?
The Gold Savings Account, or GSA, gives customers gold exposure measured in grams without requiring them to collect a physical bar each time they buy. Customers can buy and sell GSA gold electronically after the account has been opened. UOB currently says existing GSA customers can transact through Personal Internet Banking or UOB TMRW.
The GSA provides account-based gold exposure, which is not the same as specific physical bar ownership. For the full account guide, see what is a UOB Gold Account.
UOB physical gold vs Gold Savings Account
| Feature | UOB physical gold | UOB Gold Savings Account |
|---|---|---|
| What you hold | Physical bar or coin | Account-based gold balance |
| Direct bullion ownership | Yes | No, account exposure, not a specific bar |
| Physical possession | Yes | No unless converted |
| Storage | Buyer responsibility | No personal physical storage |
| Pricing | Customer purchase / eligible sell-back | Account buy / sell rate |
| Ongoing fee | Product-dependent costs | GSA service charge applies |
| Exit route | Eligible physical sell-back | Electronic account sale |
These are different ways of accessing gold. The GSA should not be treated as simply an electronic version of a physical bar without considering fees, spreads, storage and possession. Account-based gold exposure is not specific physical bar ownership.
Does UOB sell PAMP bars?
UOB has historically offered PAMP Suisse gold bars, and its current FAQ states a purchase limit for PAMP bars of five pieces per denomination, per customer, per week. Availability changes, confirm with UOB before relying on any product shown on Gold Singapore.
Is UOB cheaper than a bullion dealer?
There is no static answer. A useful comparison requires the same product identity, weight, fineness, and same-time pricing from both UOB and the dealer. UOB’s bank-channel pricing includes different eligibility requirements (existing account, appointment-based collection) and can include different premiums from a specialist bullion dealer. Where current comparable data is unavailable, Gold Singapore does not produce a static winner. See Singapore dealer comparison for current dealer-side pricing.
Is UOB gold GST-free?
It depends on the product. Singapore exempts qualifying Investment Precious Metals from GST, the IRAS criteria determine whether a specific product qualifies. Being sold by a bank does not, by itself, make a gold product GST-exempt. Read more about GST and investment-gold treatment.
How do you buy a UOB gold bar?
For customers with access to UOB Personal Internet Banking, UOB currently recommends purchasing physical gold online and then arranging appointment-based collection. Branch purchases are appointment-only because of high demand. For the full process, see how to buy a gold bar from UOB.
Where do you collect UOB gold?
Current online purchases are collected from the UOB Main Branch Gold Counter at 80 Raffles Place. UOB currently requires collection by appointment. For online purchases, collection must be made within 10 working days from the transaction date, excluding weekends and public holidays. Because collection procedures can change, this section carries a visible checked date.
Is UOB gold always available?
No. A published price does not guarantee stock. UOB says popular gold-bar designs can become unavailable and that availability is first-come, first-served. Availability should be checked with UOB before relying on any product shown on Gold Singapore.
