Types of Platinum Bars & Bullion You Can Buy in Singapore
As your trusted partner in the world of platinum bars and bullion, IPM Group offers a wide range of platinum investment-grade bars and sovereign coins from leading mints across the globe.
We offer minted bars across a broad spectrum of weights, from as light as 1 troy ounce up to substantial platinum ingots weighing 5 kilos. The highest grade and purity of 99.95% are also available upon request. We also provide sovereign platinum coins from reputable mints such as the UK Royal Mint and the Perth Mint.
IPM Group is widely acknowledged as one of the market’s most competitively priced precious metal bullion solution providers. Our platinum bars and bullion, spanning weights from 1 troy ounce up to 5 kilos ingots, encompass a varied selection from the world's most reputable and esteemed refineries.
Buy platinum bars and bullion online in Singapore with IPM Group and experience the difference today.
Understanding Platinum Bar & Bullion Prices In Singapore
Platinum bar and bullion prices in Singapore can change due to many factors like supply and demand, global issues, changes in the cost of living, and the state of the world economy.
Platinum, characterised by its silvery appearance, is extraordinarily duragooble. Its malleability is highly valued in the jewellery sector, and being ductile, rigid, dense, and extremely non-reactive adds to its appeal.
Primarily, platinum is an industrial metal, with the automotive industry accounting for roughly 40% of its annual demand. Here, platinum is predominantly utilised in catalysts to minimise harmful emissions. Additional industrial sectors, ranging from petroleum and chemical refining catalysts to the computer industry and even medical devices like pacemakers, account for about 25% of the demand. The jewellery industry demands another 30% of the total, though these demands are swiftly evolving.
As we increasingly prioritise clean air and green energy, platinum is emerging as a green metal. With hydrogen's growing prominence in energy production, the demand for platinum is set to soar.
Automotive sales largely drive current platinum prices, as stricter pollution legislation is necessitating automakers to increase the use of platinum, thereby rapidly boosting demand. With the rising costs of palladium, substitution demand for platinum is also on the rise. However, do keep in mind that platinum bar and bullion prices in Singapore can change based on many factors, with future performance not guaranteed.
At IPM Group, we anticipate a dynamic surge in platinum prices in the coming years. Buy platinum online in Singapore with us and let's navigate the promising future of this precious metal together.
Platinum Investment In Singapore Made Simple
Invest with IPM Group today and enhance your financial portfolio with platinum – a prestigious, valuable, and promising asset. Trust us to deliver superior quality platinum bars and bullion, accompanied by unrivalled service and profound industry knowledge. Contact us today to find out more.