Digital Gold in Singapore — Key Players & Ecosystem

Why Singapore Matters for Digital / Vault-backed Gold

Singapore is a well-established global bullion and vaulting hub, with high-security storage facilities and a reputation for regulatory and financial stability.
Many global bullion platforms store gold for clients in Singapore vaults; and local companies also offer allocated-gold, fractional-gold, and “digital gold / savings” type services underpinned by physical bullion stored securely.
In 2025, a new development boosted Singapore’s role further: LionGlobal Investors launched the first insured, vault-backed physical-gold fund in Singapore.

Given this context — robust vaulting, global linkages, and increasing institutional interest — Singapore’s “digital gold” solutions tend to blur the line between bullion, savings, and token-based gold exposure.

Main Players & Providers of Digital / Vault-Based Gold in Singapore

Here are some of the most prominent entities and platforms offering digital-gold, allocated-gold, or vault-backed gold services that are accessible to Singapore investors or are based in Singapore.

Silver Bullion (and its S.T.A.R. Grams product)

Silver Bullion offers an “allocated digital gold” option through a product called S.T.A.R. Grams. According to their website, investors can buy as little as 0.01 grams of gold — making gold investment accessible even at small amounts.
The bullion is physically stored in a secure vault in Singapore called The Safe House. Silver Bullion claims all bars are allocated to individual clients, fully insured, and independently audited.
Users can buy fractional amounts, hold them digitally (with ownership rights recorded), and later withdraw or redeem the physical gold (subject to minimum bar sizes or premiums). This model offers a blend of convenience (digital fractional buying) + physical backing.

BullionVault

BullionVault is a global online marketplace for bullion (gold and silver), widely used for investing in physical gold without handling it yourself. In Singapore, it allows investors to buy, sell, and store gold bars in professional-grade vaults.
Their vault network spans multiple global locations: Zurich, London, Toronto, New York, and — importantly for Singapore-based users — Singapore itself. This gives flexibility in where the gold is stored.
BullionVault tends to be a good choice for investors seeking lower costs, liquidity, and a straightforward route to allocated bullion investment — without buying jewellery or dealing with local retail markups.

BullionStar

BullionStar operates in Singapore with a “retail + vaulting” model: a walk-in “Bullion Centre” (showroom + shop) near Clarke Quay, combined with a high-security vault (made of reinforced concrete and steel) for storage of bullion.
In addition to the showroom, BullionStar uses vaults (for example inside a larger facility like The Safe House / vault-storage ecosystem) for customers who don’t want to handle physical gold themselves but wish to own allocated bullion.
They offer flexibility: clients can buy physical bars/coins for delivery or opt to store bullion securely under allocated storage, combining convenience with safe vaulting.

GoldSilver Central / Other Vault-Storage & Bullion Firms

GoldSilver Central (registered in Singapore) is another bullion trading/storage firm offering real-time bullion trading (gold, silver, platinum), secure vault storage under a “Bullion Storage Program,” and often storage at secure vaults like Le Freeport.
Firms like GoldSilver Central enable investors to buy and hold physical bullion in allocated form (i.e., separated and earmarked for the investor), rather than “pooled” or “unallocated” holdings — which helps ensure clarity of ownership.

Vault / Custody Infrastructure — e.g. Le Freeport & Secure Vault Providers in Singapore

Underpinning many digital-gold and bullion services in Singapore is a robust vaulting infrastructure. Le Freeport is a well-known high-security storage facility in Singapore used by multiple bullion and precious-metals operators.
These vaults offer insured storage, strict security, and third-party auditing — making them reliable custodians for “digital gold” investors who want physical backing without the hassle of storing gold themselves.

Institutional / Fund-Level Gold Offering — LionGlobal Singapore Physical Gold Fund

In November 2025, LionGlobal launched Singapore’s first insured, vault-backed physical gold fund — the LionGlobal Singapore Physical Gold Fund — targeting retail (via partnering banks/insurers) and institutional investors.
The fund invests in LBMA-compliant gold bars, stored physically in Singapore vaults, and aims to track global gold price benchmarks (like London’s LBMA gold price).
This is important because it represents a move toward “mainstream” financial-market adoption of physical-gold investing — accessible through regulated financial institutions rather than only boutique bullion dealers.

Bank-Based / Savings-Account-Style Gold Services

Some banks (or past bank-based offerings) allow gold purchases or “gold savings accounts” rather than physical delivery. For example, certain banks in Singapore have provided “gold account” services.
While banking gold-savings services differ from full ownership of allocated bullion, they provide a lower-friction, familiar banking UI and may suit investors who want exposure to gold without handling bars or paying vaulting fees.

What “Digital Gold” Means in Singapore — Different Models Compared

In Singapore, “digital gold” is a broader umbrella than a single product type. It often includes:

Allocated-gold ownership with vaulting — you're buying real gold bars, stored securely in vaults; ownership is allocated to you (not pooled). Examples: Silver Bullion, BullionVault, BullionStar, GoldSilver Central.
Fractional / small-amount gold investing — you can buy small weights (grams or fractions) rather than needing to buy a full 100g bar — via services like S.T.A.R. Grams from Silver Bullion.
Vault-backed regulated funds — like the LionGlobal Singapore Physical Gold Fund, which packages physical bullion into a fund vehicle, giving gold exposure in a fund-style product.
Bank-based or savings-account-like gold exposure — via “gold savings” or “precious metals accounts,” for investors comfortable with a banking interface rather than vault-storage logistics.
Global online bullion access — through global platforms with vaults in Singapore or worldwide, giving flexibility in where gold is stored and how easily it is bought/sold.

This diversity allows investors to choose a style that suits their risk preference, capital size, and liquidity needs.

Strengths & Challenges of Singapore’s Digital Gold Scene

✅ Strengths / What Works Well

Secure, regulated custodianship and vault infrastructure — high-quality vaults, independent audits, insurance and global standards (LBMA-compliant bars) help give confidence in actual physical backing.
Accessibility & low entry amounts — fractional buying (grams, fractions of grams) makes gold investing accessible to small investors; no need to buy large bars.
Flexibility in storage or withdrawal — you can either store bullion safely or choose to take delivery; vault-storage and fund-based solutions offer convenience.
Institutional-grade product availability — with newer offerings like vault-backed funds, physical-gold investment becomes available to a wider investor base, not just high-net-worth individuals.
Global connectivity — because Singapore is a global bullion hub, investors can benefit from international vaulting, global supply chains, and cross-border liquidity.

⚠️ Challenges, Trade-offs and What to Check Carefully

Premiums over spot price: Smaller fractional/bar purchases or convenience services often come at a premium vs. spot gold price (retail markups, storage costs).
Fees for storage, handling, or redemption: Vaulting, insurance, delivery, audit fees may apply depending on provider and whether you choose storage or physical withdrawal.
Redemption minimums: Some providers may require a minimum size (e.g. full bars) for redemption — fractional buyers may need to accumulate more before redeeming physical gold.
Liquidity & spread: Though platforms aim for low-cost liquidity, gold-selling may come with spread or fees; verify buy / sell pricing and ease of exit.
Regulatory clarity and product structure: While vault-backed gold and funds are relatively straightforward, “tokenised gold” or “paper-based gold accounts” may have different legal structures; investors must check custody, audit, and redemption terms carefully.
Counterparty & custodian risk: As with any vault-based or private-custody investment, the safety depends on the reputation and practices of the vaults/custodians and the transparency of audits.

Recent Developments & Trends in Singapore’s Gold Market

The launch of the LionGlobal Singapore Physical Gold Fund in 2025 shows rising institutional acceptance of physical gold investing via fund formats.
Singapore is being positioned (by the industry) as a potential tokenised / digital-gold settlement hub for Asia, leveraging its secure vaulting, legal infrastructure, and financial-market maturity.
There’s growing demand for fractional, small-ticket bullion investments (grams or smaller) among retail investors — and providers are responding via allocated-gold and vault-storage products.

Who Should Consider Digital Gold in Singapore — and Which Type

Small / retail investors who want to own gold without physical storage hassles. Fractional-allocation + secure vault → good entry point (e.g. via Silver Bullion, BullionStar).
Investors seeking long-term safe-haven asset exposure but want to avoid home-storage risk — vault-backed storage services or gold funds may suit them.
Investors wanting global flexibility and portability (e.g. expatriates, frequent travellers) — vaulting in Singapore or global networked providers gives flexibility.
High-net-worth or institutional investors — vault-backed funds like LionGlobal’s give a regulated, institutional-grade route to allocate to physical gold.
People wary of “paper gold” or gold derivatives — with allocated, insured, audited bullion-backed products, there's greater transparency than many abstract derivatives products.

Conclusion — Singapore’s Digital Gold is Real & Versatile, but Choose Wisely

Singapore has evolved beyond traditional jewellery-based gold investment. Its “digital gold” scene is a mature, multi-faceted ecosystem combining global bullion infrastructure, secure vaulting, and flexible investing modes. From fractional gold savings to institutional-grade vault-backed funds, and from global bullion markets to local vault-stores — investors have many ways to access gold via Singapore.

However, because the models and trade-offs vary — premiums, fees, liquidity, redemption terms — it’s important to choose a gold-investment provider carefully, understand the relevant costs, and treat “digital gold” as what it is: a claim on physical bullion stored securely, not a speculative “crypto coin.”

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