Fundamentals and News*:

·         Gold Drops from Seven-Week High as Investors Weigh Fed Comments

  • Gold dropped from the highest level in seven weeks as investors weighed the probable timing of the first U.S. interest rate increase since 2006, with one Federal Reserve policy maker saying that move before year-end was justified while others differed.
  • Bullion for immediate delivery lost as much as 0.5 percent to $1,157.70 an ounce and was at $1,158.13 at 9:21 Singapore, according to Bloomberg generic pricing. Prices rose for a second day on Monday, gaining to $1,169.09, the highest since Aug. 24.
  • Bullion investors are tracking comments from U.S. central bankers to figure out when the Fed will start tightening, with prices rebounding from a five-year low in July amid speculation the onset of higher borrowing costs will be pushed back. Atlanta Fed chief Dennis Lockhart argued Mondaythe improving economy justified a move in 2015. Still, Fed Governor Lael Brainard cautioned against raising rates prematurely and Chicago Fed President Charles Evans repeated that he favored a delay to mid-2016.
  • Silver, platinum and palladium prices also retreated as the dollar stabilized after dropping for three days. The chances of a rate liftoff in December are below 40 percent, futures data show.


v  Data Forthcoming Releases:

Time*CountryToday’s EventsForecastPreviousActual
1:00 PMEURGerman ZEW Economic Sentiment6.812.1
2:00 PMUSDNFIB Small Business Index95.695.9
10:00 PMUSDFederal Budget Balance93.8B-64.4B

v  Resistance & Support Levels:

Gold$   1,189.5 $   1,176.6 $   1,168.7 $   1,143.0 $   1,135.1 $   1,122.3
Silver$      16.50 $      16.23 $      16.06 $      15.51 $      15.34 $      15.06

Gold Silver Market Report 30th September 2015

Fundamentals and News*:

  • Platinum extended its slump to the lowest in more than six years amid concerns demand from auto makers will slow as investigations into the Volkswagen AG scandal deepen. Gold was little changed.
  • Volkswagen cars with diesel engines rigged to cheat on diesel emissions tests are being pulled from markets in Spain, Switzerland, Italy, the Netherlands and Belgium, while prosecutors in Sweden consider opening an investigation on potential corruption. About 42 percent of platinum demand comes from its use in pollution-control devices in diesel engines, according to Morgan Stanley.
  • The widening investigation is reducing the appeal of the vehicle type at a time when the Federal Reserve is expected to raise borrowing costs, limiting American consumers’ capacity to get car loans. Platinum prices are heading for a fifth straight quarterly loss, the longest streak since 1991.
  • “With the situation with Volkswagen, a lot of analysts are looking for weaker automative sales,” Fain Shaffer, the president of Infinity Trading Corp. in Indianapolis, said in a telephone interview. “If interest rates rise, demand for cars will wane, and there will be less demand for platinum.”
  • Platinum futures for January delivery fell 0.5 percent to $917.90 an ounce on the New York Mercantile Exchange, after touching $899.60, the lowest for a most-active contract since December 2008. Palladium traded steady.
  • Gold futures for December delivery slipped less than 0.1 percent to $1,131.20 an ounce on the Comex in New York. Prices are set for a fifth straight quarterly loss, the longest losing streak since 1997. Silver gained.
  • Platinum is trading at a discount of about $213 to gold, the biggest since August 2012.
  • Some investors who had been betting on platinum outperforming gold are now exiting that trade, David Govett, head of precious metals at broker Marex Spectron Group in London, said by telephone.


Data Forthcoming Releases:

Time*CountryToday’s EventsForecastPreviousActual
4:15 PMUSDADP Non-Farm Employment Change192K190K 
4:30 PMCADGDP m/m0.2%0.5% 
11:00 PMUSDFed Chair Yellen Speak



Resistance & Support Levels:

Gold$   1,170.2 $   1,156.9 $   1,148.7 $   1,122.1 $   1,113.9 $   1,100.7
Silver$      15.49 $      15.22 $      15.05 $      14.51 $      14.34 $      14.07


Taken from Gold Silver City – Website to buy Gold and Silver bullion at the lowest price
Regular updates at

Gold Silver Market Report 29th September 2015

Regular updates at

Fundamentals and News*:

Gold Holds Biggest Decline in a Month as Fed Rate Increase Looms

  • Goldheld the biggest drop in a month and headed for a fifth quarterly loss on expectations the Federal Reserve will raise U.S. interest rates before the year is over, countering demand for a haven amid a commodity and equity slump.


  • Bullion for immediate deliverytraded at $1,132.82 an ounce at 9:48 a.m. in Singapore from $1,131.95 on Monday, when it dropped 1.2 percent, the most sinceAug. 26, according to Bloomberg generic pricing. A fifth quarterly decline would be the worst run since 1997.


  • The Fed will probably increase interest rates later this year and tighten policy gradually thereafter, New York Fed President William C. Dudleysaid Monday, echoing the sentiment of Chair Janet Yellen that an uncertain global outlook won’t postpone liftoff into 2016. Gold fell on Monday even as a selloff deepened in global equities and commodities markets.


  • “Gold is no longer exactly a safe haven,” Bernard Aw, a strategist at IG Asia Pte in Singapore, said in an interview on Tuesday. “Yesterday we didn’t really see a big jump in risk aversion despite all the selloff in U.S., European equity markets.”



v  Data Forthcoming Releases:


Time*CountryToday’s EventsForecastPreviousActual
4.30pmUSDGoods Trade Balance-57.3B-59.1B 
5.00pmUSDS&P/CS Composite-20 HPI y/y5.1%5.0% 
6.00pmUSDCB Consumer Confidence96.2101.5


Resistance & Support Levels:

Gold$   1,172.1 $   1,158.6 $   1,150.2 $   1,123.2 $   1,114.9 $   1,101.4
Silver$      15.52 $      15.24 $      15.06 $      14.50 $      14.33 $      14.05

Gold Silver Market Report 25th September 2015

Fundamentals and News*:

  • Gold declined from the highest level in a month after Federal Reserve Chair Janet Yellen said that the U.S. central bank is on track to raise interest rates this year, boosting the dollar.


  • Bullion for immediate delivery dropped as much as 0.7 percent to $1,146.38 an ounce and was at $1,146.88 at 11:45 Singapore, according to Bloomberg generic pricing. The metal climbed 2.1 percent to $1,153.97 on Thursday, the highest close Aug. 24, and remains up for the week.


  • Bullion is on course for a fifth quarterly loss amid prospects for the first rise in U.S. borrowing costs in almost a decade. Yellen spoke a week after the Fed left its benchmark federal funds target near zero, saying on Thursdaythat she and most of her colleagues expected to tighten policy this year. Higher rates curb gold’s appeal as the metal doesn’t pay interest or give returns like competing assets such as bonds and equities.


  • “It’s not surprising to see gold give back a couple of dollars after what Yellen said,” Jordan Eliseo, chief economist at trader Australian Bullion Co. in Sydney, said by phone. “There’s every chance this entire tightening cycle might only have two or three hikes, maybe four hikes completely, so I don’t think anyone should kid themselves that the era of easy money is over.”


  • Fed fund futures show traders now see a 49 percent chance of a rate increase in December from 64 percent on Sept. 16, the day before the Fed announced its decision.
  • Assets in exchange-traded products rose 4.35 tons to 1,522.34 tons as of Thursday, data compiled by Bloomberg showed. The holdings, little changed since early September, dropped to a six-year low last month.
  • Bullion of 99.99 percent purity climbed 0.9 percent to 235.90 yuan a gram ($1,150.52 an ounce) on the Shanghai Gold Exchange. Platinum for immediate delivery lost 0.8 percent to $947.30 an ounce and tumbled Wednesdayto the lowest since January 2009. Palladium is up 7.6 percent this week, headed for the biggest weekly gain since March 2013.


v  Data Forthcoming Releases:

Time*CountryToday’s EventsForecastPreviousActual
4:30 PMUSDFinal GDP q/q3.7%3.7 
6:00 PMUSDRevised UoM Consumer Sentiment87.285.7 


v  Resistance & Support Levels:

Gold$   1,179.4 $   1,165.9 $   1,157.6 $   1,130.5 $   1,122.2 $   1,108.7
Silver$      15.58 $      15.37 $      15.25 $      14.83 $      14.71 $      14.50


Gold Market Report 16th September 2015

Fundamentals and News*:

  • Thegold market has gone quiet before the Federal Reserve meeting.
  • Volume was about 47 percent below the 100-day average for this time of day, and Tuesdaysaw the lightesttrading all year, according to Comex data compiled by Bloomberg. Gold futures for December delivery slipped 0.5 percent to settle at $1,102.60 an ounce at 1:44 p.m. on the Comex in New York.
  • While traders see only a 28 percentchance that the Fed will raise interest rates after a two-day meeting that begins on Wednesday, investors may get an indication of the schedule for future increases. The probability of an increase climbs to 62 percent for December, based on futures data compiled by Bloomberg. Higher rates curb the allure of gold by making it less competitive to assets that pay a yield, like bonds.
  • “Traders and market participants seem to be frozen in some strange cryogenic world, while they wait for the Fed to bring them back to life,”David Govett, head of precious metals at broker Marex Spectron Group in London, said by e-mail. “I really don’t think we are going to see any major moves before the announcement.”
  • Market swings are also diminishing before the Fed’s meeting, with a measure of 15-day volatility falling to the lowest in almost a month on TuesdayOn Monday, spot prices traded within a range of $6.90, the smallest since July 14.
  • “Most of the markets are waiting for the Fed decision on interest rates,” Michael Smith, the president of T&K Futures & Options Inc. in Port St. Lucie, Florida, said in a telephone interview. “That uncertainty is keeping investors away from most of these markets, especially gold.”
  • Aggregate volume for Comex gold futures was estimated at 68,115 contracts on Tuesday, the smallest since Dec. 24 and less than half the average this year. Prices have fallen 6.9 percent in 2015.
    MitonOptimal Group, said by phone from Cape Town. “It’s been a tough few weeks for commodities traders, and I think there are a lot of guys out there with red paint all over their numbers, so it’s no surprise they prefer to err on the side of caution.”
  • Silver futures slipped on the Comex, while platinum, and palladium gained on the New York Mercantile Exchange


Data Forthcoming Releases:


Time*CountryToday’s EventsForecastPreviouActual
4:30CADManufacturing Sales m/m1.1%1.2%
4:30USDCPI m/m0.0%0.1%
4:30USDCore CPI m/m0.1%0.1%


Resistance & Support Levels:

Gold$   1,136.6 $   1,126.4 $   1,120.1 $   1,099.7 $   1,093.4 $   1,083.2
Silver$      15.21 $      14.96 $      14.81 $      14.30 $      14.15 $      13.89

Buying Gold Silver Guide – Does Brand matter?

There are a variety of brands available for both silver and gold, so the question on everyone’s mind is:-

Does brand matters?


There are refinery that cast or mint their own brands, selling it as close to spot prices as possible, there are private mints and are government / public mints, there are financial institutes that forge their own brands on gold / silver that is refined by other 3rd parties. There are European brands, Australia brands, Chinese brands etc etc.

Do they matter?

It actually depends on investors’ preferences. Some brands like RCM (Royal Canadian Mint) is reputed with very pure silver at the lowest premium in the market. Certain other brands, would demand a higher brand premium over the metal value of the bar / coin.

Bar / Coin = Metal Value + Premium

As the metal value depends on the spot prices of the gold and silver, you are essentially paying the premium of the brand.  RCM has low premium. Certain brands like Panda series from China Mint has a much higher premium for its coins.


Whether it is worth it, it depends on the investor prospector. For example, CML (Canadian Maple Leaf) and ASE (American Silver Eagle) has very low premium over their coins, while Chinese Panda has a high premiums. This premium may not be fixed.

For example, if you have bought CML or ASE in 2011 or 2013 because it costs a lot less than the Chinese Panda series, the current value of CML and ASE in 2015 is still roughly the same as the metal value and the same low premium. Those collectors with the Panda series would be laughing their ways to the banks as the Panda’s premiums has rocketed. Of course this is not a sure thing, so collectors may have to judge their risk-reward ratios.

Pamp Suisse Gold Bar Lady Liberty 1 oz
Pamp Suisse Gold Bar Lady Liberty 1 oz

Another factor is the recognition of the brand. For example PAMP Suisse is highly recognised, especially by the elder generation. Hence PAMP Suisse is seen as a more luxurious brand.

Lastly, in Singapore, for investment silver and gold that investors can enjoy stacking up without paying the extra 7% GST, they have to patronise only certain brands that are considered IPM (Investment Precious Metals). These brands has to be under LBMA’s (London Bullion Market Association) Good Delivery lists. As such, it is important for stackers to buy silver or gold from these lists as you would be buying them a lot cheaper than if you were to buy a jewellery-branded gold bar that attracts 7% GST.



Except for numismatic bars and coins set, all the silver and gold in Gold Silver City are all classified under IPM, and hence has NO addition GST on them. It would be much more financial prudent to start investment without paying this extra 7% tax.


Buying Gold Silver Guide – Bars or Coins?

Many new stackers would ask, be it Gold or Silver,…

Do I stack in coins or do I stack in bars?


Funnel web spider silver coin 1 oz
Funnel web spider silver coin 1 oz

Coins generally are a favourite among collectors. They comes in different size, from 0.10, 0.25. 0.5, 1, 2 ounces for gold coins, and more common of 1, 2, 5 ounce for silver coins (silver has a wider range from 0.5 ounce to also 1kg or 10kg silver coin, but less commonly bought)

Coins are easy to stack, since you can stack a brunch of them in easily available tubes. And as we use coins in our everyday currency, coins gain legitimacy and recognition easily.

As most coins are in the common 1 oz size, it is also fairly standardised and easy to compare in value.

And there are many different designs and branding available on coins, such that certain coins’ design attracts a fatter premium. These wide range of designs available on coins allow collectors to diversify and beautify their collections, crossing their investment portfolio as an interesting hobby as well.

The biggest disadvantage of silver coins is that minted coins are prone to milkspots. These are white spots on silver bars or coins, even when you bought it fresh from the mint. Royal Canadian coins are notorious for milkspots on their coins, and generally, collectors have learnt to live with it. Do note that there are ways to remove milkspots, but most investors would not do that as it may reduce the value of the coin. Silver coins also may get “toning”, getting blackish and brown over the years due to discolouration from the oxidation.

Coins also have a bit more premium than bars. Generally you are paying for the melt-value of the metal (the spot price of the precious metals) and the brand / design of the coin. In this aspect, coins has a bit more premium that you have to pay for compared to bars.

On another note, precious metals in round shaped are only classified as “coins” if they are minted by public / government mints and declared as “legal tender”. If they are minted by private mint, they do not have legal tender, and the more correct name for them is “rounds”.



PAMP Suisse 100g Minted Gold Bar
PAMP Suisse 100g Minted Gold Bar

Gold bars and silver bars are common for investors to buy and stack, as they are easy to stack especially in larger volumes. The bars can come in as small as 5g or 1g for gold, and more commonly in larger sizes for stackers, such as 100g bars or 1 kilo bars for gold, or 100 oz, 1 kilo, 5 kilo etc for silver bars.

Silver bars of any size are an excellent way to invest in pure Silver while avoiding the premiums usually found on legal tender bullion coins. They are easily bought and sold, stored, stacked and counted..

Minted bars may still face milkspots, though cast bars are generally more robust and less likely to have milkspot problems. Cast bars also provide a more industrial and raw feel and appeals to some collectors.

Bars has less designs compared to coins, and heavier bars are harder to liquidate due to the weight and large monetary value.

In summary

Coins- Pros

More similar to day-to-day currencies, more standardised.
Many designs available.

Coins- Cons

More premiums payable
Some coins are more prone to milkspots

Bars- Pros

Less premiums, and more large size available for stacking

Bars- Cons

Less designs. Larger bars slightly more difficult to liquidate.

Gold Silver City has categorised gold and silver into bars and coins for easier viewing. Check out Gold Bars or Gold Coins and of course, Silver Bars and Silver coins for different sorting. Hope that helps with your viewing pleasure!

Gold Silver Charting TA 23 Aug 2015

Gold and Silver

Gold break out of inside day and Diff on Wed, closed off above 1,155 resistance and TL2.  If Gold can hold above 1,155 and TL3 for next few days, it may test 1,224
Potential Resistance  1,224 and 1,293
Potential Support 1,155, 1,072 and 995

Silver formed a Doji on weekly chart, resisted by TL2.  Outside day is formed on daily and weekly chart, potential of a new trend
Potential Resistance 15.60, 16.68 and 17.55
Potential Support 14.38, 14.22 and 12.70

Sourced with permission from Cillin

Buying Gold Silver Guide – Gold or Silver?

Buying Gold Silver Guide – Gold or Silver?

For all new stackers who wish to start saving their hard earned money in physical metal, the first question usually arise would be:-

Which precious metal?

Well, firstly  precious metal is a rare, naturally occurring metal of high economical value. We have used precious metals previous as currency, such as coins and taels. With the creation of modern fiat currency, precious metals are now widely regarded mainly as investment and industrial commodities.

Gold Silver coins

The best-known precious metals are  gold and silver. There are other precious metals such as ruthenium, rhodium, palladium, osmium, iridium and of course, platinum. However, these rare precious metals are rarely traded and less liquid as the 2 most common precious metals known to us – Gold and Silver.

Let us focus on Gold and Silver, which are the popular precious metal in Singapore.

Gold –

Currently as of 16 August 2015, the spot price of gold is SGD $1567.53 per troy ounce (or USD $1114.30)

Valcambi Suisse Minted Gold Bar
Valcambi Suisse Minted Gold Bar

Gold is the most recognised, most liquid precious metal. Not only is it easier to buy, it is easier to liquidate for cash too. Gold is a popular jewellery, but for investment, we would only deal with investment grade gold, in the form of bullion bars or coins. You can buy pure gold coin or bars from bank, such as UOB head branch, or jewellery stores. These are usually a lot more convenient, almost any jewellery stores would have gold bars of different sizes for sales.  Unfortunately, most of these gold bars and coins are sold at a high mark up. The high mark up is mostly because of the high rental costs and branding of the bank or jewellery stores.

You can also visit shops that specialise in bullion gold / silver, the markups are low as they specialise in bullion products and generally has less recognition power compared to UOB or big brand jewellery name like Poh Heng Jewellery. A quick search would reveal many bullion shop such as Gold Silver City in Singapore or Gold Silver Singapore.

Most importantly, the reason why Gold is the top choice of many investors is because it is so recognised in value and easy to liquidate. You can sell gold easily, without too much loss in value. Most banks and jewellery franchise buyback, though they cut a commission for themselves. You can sell to bullion shops,  majority of them buybacks. You can visit any pawnshops in your neighbourhood and you can get cold hard cash easily. If you bother to use forums, eBay, carousells or other avenues, you can even get a slightly better price. It is that easy to convert your investment into cash.


The biggest disadvantage of gold is that it is so costly, and it may be difficult for cost averaging when one small gold coin of 1 ounce costs $1600. Thankfully there are gold bars and coins that are smaller. For investment, gold is a bit more demanding on the pocket.



Currently as of 16 August 2015, the spot price of silver is SGD $21.52 per troy ounce (or USD $15.30)

stacking silver

As you can see, the biggest advantage of stacking silver is that it is light on the pocket. One ounce of silver costs you only a meal at a causal restaurant in Singapore. That is also why Robert Kiyosaki of Best Selling Book  “Rich Dad, Poor Dad” strongly allocates buying silver, even for workers who are struggling to meet the challenges of rising costs of living. One can afford to stash away a few coins or bars monthly to save up for the future, rather than splurging on movies or costly meals.

Another advantage is that many silver investors find silver to be a higher potential in risk-reward ratio than gold. As the price of silver is so low currently, the chances of it doubling or tripling is a lot more likely than gold. ($1600 SGD double to $3200 SGD is a lot harder than doubling from $22 SGD to $44 or $66) Also there is a good chance the gold silver price ratio may move towards more silver. There are increasing industrial demand for usage of silver in our smartphones, solar panels etc.  Hence, there is a lot more speculative return potential on silver.

The biggest drawback of silver is that it is harder to buy or sell. Most jewellery stores do not sell silver, neither do banks. Bullion shops that specialise in precious metals would definitely sell silver coins or bars for investors. In Singapore there are many bullion shop such as Gold Silver City in Singapore or Gold Silver Singapore. It would be difficult to buy silver from convenient locations such as jewellery stores or banks.


If you like to sell your silver for cash, it is definitely more challenging than selling gold. Banks, jewellery stores and most pawn shops do not buy silver, so your only choice is via bullion shops that buy back. You may also sell them via forums and ebay. Thankfully silver is starting to get more recognised, and there are some pawnshops that are beginning to buy and sell silver. Silver would definitely get more traction.

In summary here are simplified pros and cons of gold and silver.

Gold- Pros:

More recognised. Easy to buy and sell.

Gold- Cons:

Higher dollar investment per ounce

Silver- Pros:

Lower dollar investment per ounce
Higher potential risk-reward ratios

Silver -Cons:

Less liquid- less locations to sell off.

Ultrasonic Device - To test Real or Fake Gold, Silver bars / Coins

Ultrasonic Device – To test Real or Fake Gold, Silver bars / Coins

Ultrasonic Device – For Testing Real or Fake Gold, Silver bars / Coins

Look what we got here?
This is a simple ultrasonic device that we can use to test for real or fake gold.
Similarly it can be used to test real or fake silver.

Many of my regulars who have bought precious metals from me over time understand that my gold, silver bars comes in their original packaging. Those that are minted with serial numbers and certificates can give a sense of security.
For those bars and coins that have no serial number nor certificate, I have bought this new ultrasonic device to give them another layer of authenticity.

The sound velocity for pure gold should be 3200 meters / second (or 0.130 Inch/µSecond)
The sound velocity for pure silver should be 3600 meters / second (or 0.140 Inch/µSecond)

Remember, please only buy gold and silver bars / coins from reputable merchants like
For more updates and useful articles, please do LIKE

For any clients who wishes to buy gold or silver, you can request for a testing. I will bring the ultrasonic device when I deliver the gold, silver, bars and coins to your doorstep.
Have fun stacking precious metals!

Cedric Soh

Gold Silver Charting TA 19 July 2015

Gold and Silver

Gold Silver charting TA 19 July 2015
Gold Silver charting TA 19 July 2015

Gold and Silver
Broke trend line support.  Gold trading within down trend channel while Silver is trading above down trend channel and on Fri (17 Jul) closed within the Diff.  Silver COT buying interest is above 90.  From the charts, Silver seem to be less bearish than Gold
Potential Resistance 1,155, 1,224 and 1,293
Potential Support 1,072, and 995
Potential Resistance 15.28, 16.68 and 17.78
Potential Support 14.68, 14.24 and 12.70

LIKE Gold Silver City on facebook for timely updates.
Shared with permission and gratitude from Cillin Trading Partner

Unboxing 2015 Silver Panda 1oz, 20 trays of 30 coins- 2hours of unboxing!

Free the Panda!

The Monster Box for panda is amazing SECURED.
Two metal chain that took 20 over minutes to cut through. And we realise the whole plastic lips has additional 8 plastic locks.
And all plastic locks are doubled locked.

2015 Silver Panda 1oz Unboxing
2015 Silver Panda 1oz Unboxing


Took a group of us, 2 hours to cut through….
2 hours of sweat and painful hands…

And majority of them are sold. Only 8 5 trays left!

Another note- Engelhard bars 10 oz are totally sold out!  The next delivery is a few weeks later, please pre-order soon!

Engelhard Bars Singapore

Engelhard Silver bars 5oz 10oz in Singapore

Brand New, Historically Beautiful.

The new Engelhard Australia bars are here! The early batch of 5oz and 10oz has finally arrived in Singapore.

Engelhard Bar Silver 10 oz
Engelhard Bar Silver 10 oz


You can buy the 10 oz bars  here

Engelhard Bar Silver 5 oz
Engelhard Bar Silver 5 oz

Or you can buy the 5 oz bars here

And for those who like more varieties in your silver stacking, the 2 oz and the 1 kilogram bar would be arriving in a few weeks time.

Stay tuned to this website and you may LIKE our facebook page for the latest photos and gold / silver updates and exclusive contests and promotions!


How do we test for Fake or Real Gold?

How do we test for fake or real gold?

When we buy precious metals, we want to make sure we get the real, authentic metal. We want the real gold. There are many good ways to test for gold.

Caliper Test

Many established branded gold bars or coins has known dimension and tight tolerance levels.  For example, a 1 oz  Canadian Maple Leaf Gold Coin has a diameter of 30.0mm and a thickness of 2.80mm. A 1 oz Chinese Panda Gold coin has a diameter of 30.05mm and a thickness of 2.70mm. Calipers can reveal any inconsistencies in dimensions, and you should refrain from buying such items.

Gold Coin CML descriptions
Gold Coin CML descriptions

Magnet Test

One of the easiest way is to use magnet. Most metals are attracted to magnet, but silver and gold are diamagnetic (metals that are not attracted to magnets) and a magnet will not stick to it. Use a very strong magnet, such as neodymium, to test the gold. If it stick to the magnet, then it is fake gold.

Do note that this is not a 100% foolproof test to determine real gold. Some counterfeit gold are made from metals that are not magnetic in nature.

Density Test

Get an accurate scale and note the weight of your Gold bar.

Get a glass of water, place it on the scale, and set the scale to ZERO.

Tie the gold bar, dip it COMPLETELY into the water, but without touching the base of the glass. The gold bar should be in the middle of the water, note this new weight number on the scale.

Divide the first weight of the bar, by the 2nd weight number (in the water), this number should be 19.30 for an accurate measurement of Gold density. (Pure Gold Density = 19.30 g/cm3)


Ultrasound Test.

Using special instrument, you can use an ultrasonic device to test for consistency in a bullion bar. Sound waves travel at different speed through different metal. If your gold bar is merely gold plated, the numbers would differ from a pure gold bar of 99.9 purity. The sound velocity for pure gold should be 3200 meters / second (or  0.130 Inch/µSecond)


Porcelain Test

Rub the piece of gold across a piece of unglazed porcelain tile. It should not make a black streak. If it does then it is pyrite. If the streak is golden yellow then it is gold.

Acid Test

Warning: This test is destructive and will spoil a tiny portion of your gold. Please do not use unless absolutely necessary.

Buy a nitric acid test kit. Scratch a surface of the gold piece and add a few drops of the acid on the gold. If it turns green, the item is either brass metal or gold plated. If it turns milky, it is gold plated sterling silver. If there is no reaction, then it is real gold.

Some key pointers before you buy that gold!

  • Buy from a reputable merchant. If you buy directly from something like Ebay or Carousell, there are no guarantees that your product is authentic. ( is backed by a Singapore firm, Newell Builders Pte Ltd, that has been established for more than 30 years. We are here for long term business. Over time, we have many regular gold and silver clients, check the clients’ reviews at
  • Mints are starting to fight back as well – some newer products have additional security features to prevent counterfeiting.
  • Know and understand how the different tests for fake bullion work, and use them to verify that your gold or silver is real.

Win 1000g Silver Bar in our Facebook contest

Win a kilogram silver bar!
Lucky Draw 1 – 30 June 2015

Win 1000g Silver Bar in our Facebook contest
Win 1000g Silver Bar in our Facebook contest

One whole Nadir 1000g silver bar is up for our Great Singapore Sales Lucky Draw! (WORTH $850! Based on today spot price)

What you need to do to win:-
Step 1: LIKE Our Facebook Page (
Step 2: SHARE the post (the facebook post) with all your friends on Your facebook wall.
Step 3: COMMENT in the facebook comment box below after you are done!

Results will be announced here on facebook on 5th July 2015.
Good luck!!

7 Tips to start stacking Silver

7 tips to start stacking Silver coins or bars

If you are new to stacking and don’t have a clear concept on how to start, here are some tips here. I am no expert, there are many more experts out there preaching their advice. Be cautious though, as many advice can be confusing and not suitable for newbies. I learnt this the hardway. I started some years ago and learnt through the school of trials and errors:-

start stacking silver
The joy of seeing your wealth grow
  1. Start stacking silver with a clear budget. Know what amount of your disposable income you can afford to start stacking. Only use spare cash that you can afford, for example, how about reducing your entertainment expenses like that weekly drinking session? Or cut down on that expensive daily starbucks? Those small bills can pile up to be a good silver stack.
  2. Do not get carried away and over-stack. Start small, and do it regularly, along the principles of dollar cost averaging. Do NOT throw all your cash into silver. Keep some cash for unpredictable emergency needs. This is to avoid selling your silver at inappropriate timing when you badly need the cash.
  3. Diversify your investments for the future. Do not invest in silver. It is healthy to hold a good portion in precious metals, such as gold. Invest in stock index funds, some healthy insurance plans or pay off your mortgages and debts. Plan for the future.
  4. Especially for newbies, do not get overly excited and buy everything! Stick to regular buying. It would be better than to overindulge and exhaust your savings. Many newbies fall in love with this healthy habit so much that they overstretched themselves in the first few months.
  5. If you are fairly new, stay away from the fanciful stuff. Numismatic coins are lovely, but as a newbie, wait till you are familiar with mintage and designs first. If you really like a design, do some research and buy small. You may become more skilled at this and appreciate this hobby, but start slow and slow.
  6. Try not to buy from eBay, Craiglist, Carousell or some unknown guy from any forum. There are many bad sheeps and fraudsters around. Stick with some reputable online or physical shops. Take your time to shop around. You can google for a few shops. (Disclaimer I am vested with which offers free delivery and low premiums)
  7. Don’t be impatient. This is a great hobby that will grow with you for years. =)

Start Stacking silver. Start small and buy regularly, like once a week or month. Enjoy this beautiful and valuable hobby and you will be thankful when you retire!

Cedric Soh

Gold, Silver, Platinum TA (Technical Analysis) 09th May 2015

For those who loves to look at TA movement of gold, silver and platinum, hoping to grab some physical silver or gold coins before the market trends move up…

Here is a simple TA analysis by Mr Cillin, with permission from him.

His analysis :-

Gold, Silver and Platinum
Symmetrical triangle form in Silver and Platinum looking for break down or break out.  Gold seem to have Symmetrical triangle too.
Gold COT buying interest is increasing yet to hit above 90
Silver and Platinum COT buying interest decreased last week after few weeks of increasing

via:- Cillin Trading Planner

By the way: COT refers to Commitments of Traders, a report that shows both the interests of commercial users / producers (meaning they uses or produces the commodity as part of their manufacturing process) as well as those who trade the commodities for financial speculations.

More on the COT can be found here.

What is silver stacking?

What is silver stacking?

Silver Stacking (or Gold Stacking) is the habit of accumulating tangible assets, not intangible ones like paper certificates, in the forms of coins or bullions such as bars, rounds or ingots.

Generally bullions such as bar has less premium price, hence it is better value for money since you can also purchase a large bar for cost savings. If you can afford it, you can purchase a large bar monthly.
Coins are favoured usually because it can be smaller in weightage, and hence, easier to start stacking up. It is also preferred as when you wish to liquidate due to needs such as holidays or emergencies, you may not need to sell a large bullion but just a few coins.
Also, coins can carry numismatic value which can be appreciated by collectors.

silver stacking in singapore
there are lots of coins for collectors
Why would you want to stack silver?

Firstly, silver stacking is an excellent hedge against inflation, just like gold. It increases in value as inflation reduce how much your dollar can buy. Secondly, both silver and gold possess an intrinsic store of value, which is the main reason why people wants to invest it it. It is this store of value that silver and gold is used as money in the past as well as demanded by national government reserves all over the world.
Also, both gold and especially silver has huge and increasing demands from industrial manufacturers, from our cars to mobile phone to solar panels and generators.

One huge reason for silver stacking is as an investment to profit or hedge against financial crisis. The Great Recession from 2008 has led to huge amount of printing money by the USA government, the Euro bank, and even Japan and China government. There is fear of a global financial currency crisis and people’s currency will lose tremendous value. In a global dollar collapse, hyperinflation will rear its ugly head out. A flight to safety will take root and people with real gold and silver physical holdings will benefit. This is especially so as current paper gold and silver trading is a few hundred times OVER the physical assets silver available. In a big crisis, these paper values may not hold water.

Silver stackers invest weekly or monthly in some form of silvers, knowing that they will profit and sleep well in troubled times. Silver and gold has dropped and stay flat, this is a great opportunity to invest and stack up. Stackers know that the fundamental demand for silver and gold is real, because we using so much iPad, solar panels, smartphones and etc, and yet the mines’ production has been lagging.

Silver Stacking means you buy what you can afford to keep for a raining day. If you just cut down on some luxury spending or gourmet coffee and buy 10oz a month instead, you will have 600oz saved up in 5 years. If silver price move from $17 to just a mere $25, you see an almost 50% increase in your portfolio.

Start silver stacking- is proud to offer free delivery at no extra costs.

Cedric Soh, Singapore

Buy Silver Gold Singapore Free Delivery

Buy Silver Gold Singapore Free Delivery?
Gold Silver City now offers you an easy way to invest and save up in physical silver and gold! You can now buy silver or gold, either in bars or coins, from the comfort of your home. You only pay for it when it arrives at your doorstep.

Buy Silver Gold Singapore Free Delivery

Buy Silver Gold Singapore Free Delivery

We deliver the silver and gold to your location. For this soft launch of our website, we have reduced the minimum requirements. That is right, instead of the usual 100 oz silver minimum purchase, all combined purchases above $200 is entitled to qualify for this FREE delivery offer!
This free delivery will last till 1st June 2015, on our official launch date! Do stay tuned on this website or like our Facebook page for special launch promotion!

And to top it off, we are currently the lowest priced for all of our silver and gold bullion and numismatic coins in Singapore! Not only are our gold and silver prices the best in Singapore market, you are getting a special delivery service with it. There are no financial risks as you only pay when delivery is made to your location.

As mentioned in our About Us, we have our background in 30 over years of construction business. We are vested to provide high grade silver and gold precious metal to all our clients!

Please do take advantage of the current low historical silver and gold spot rate to Buy Silver Gold Singapore Free Delivery!
This is a simply great time to start saving up in precious gold and silver.
For all enquires, you can email me at or call, SMS or whatsapp me at 94312321

Cedric Soh

PS: If you know a good deal, please do share it with your friends! Please Like and Share our facebook page, or recommend your relatives and friends to us. They would appreciate you recommending a good deal. =)