Digital Bullion is the online portal of Sixty Six Private Limited, a Singapore registered company providing one-stop online solution where you can buy, sell and store physical gold in our secured vault.
Look for the "Sign Up" button at the top right hand corner or simply click here and follow the registration process. You will be done in a minute!
2-factor authentication is an extra layer of security that is also known as "multi-factor authentication" in which user provides two authentication factors to verify they are who they are.
A one-time password (OTP) will be sent via sms to your registered mobile phone everytime you attempt to login to your account. You will enter the code that is sent to you to complete the login.
Yes, all purchased gold are backed by physical gold in our vault reserve. Daily audited vault report will be made available to all members.
All purchases that are stored in our vault are fully insured. Furthermore, all our physical gold goes through stringent D.U.X. tests before they are accepted into the vault.
The gold are stored in a secured Vault Storage with our Vault Operator, The Safe House in Singapore.
Simply log in to your Digital Bullion account, you can find the “Buy” option on the top menu bar in your dashboard.
You can select the amount of gold by clicking on the "+" or "-" sign to increase or decrease the amount, or you can type in the amount you wish to purchase.
Note: all gold are denoted in 1 gram*, 100 gram and 1 kilogram
Click on the "Add to Cart" button.
You can choose to "Continue Shopping" or "Checkout" at this point.
Once you ready to purchase, click on the "Cart" button at the top menu bar and proceed to make payment.
*Do note that there is no delivery option for 1 gram gold purchases
By default, all purchased gold will be stored in our secured vault storage.
Physical gold can only be delivered or pick up if it is denominated in 100 gram or 1 kilogram.
During the checkout under the "Delivery" section, you have the option to choose between vault storage, home delivery and pick up.
Keeping your gold in our secured vault storage makes it possible for you to accumulate your gold assets in small purchases and easier for you to sell your gold through Digital Bullion platform.
You can choose to keep* the purchased physical gold and later sell it at your own disposal. You can also choose to sell the physical gold back to Digital Bullion, we will conduct a dux test where the cost and other administration charges will be borne by you.
*Delivery and pick up of physical gold only in the denomination of 100 gram or 1 kilogram
All payments made to be settled in Singapore Dollar and Taiwan payments will be in US Dollar. Below are the payments accepted by Digital Bullion:
1. Payment via Cash Balance*
2. Wire Transfers (Internet banking, TT - telegraphic transfer)
3. Cheque payments
*Cash Balance is the funds you have via topping up your Digital Bullion Account or when you sell your bullion and chose to have the amount credited into the account.
All sales are final. The full payment for an order must be paid or initiated within one (1) banking day for all payment methods except cryptocurrency payment. Cryptocurrency payments must be initatied within thirty (30) minutes after placing an order.
Digital Bullion must receive the funds within three (3) banking days of placing the order. If the payment is not initiated within the above stipulated timeframe or if the funds are not received within three (3) banking days of the order date, Digital Bullion reserves the rights to cancel the order and charge the Customer and administrative fee of $30.
Up to 3 working days from the date you wire transfer or drop the cheque and submit the top up request in your dashboard.
Once you place an order, you can not cancel it. The order that is not fulfilled will be automated cancelled after 5 working days.
|Account Opening Fee||FREE|
|GoStash Program Gold||FREE||FREE|
|Late Payment Fee (Storage)|
Per late payment invoice + 1% monthly interest
*Members account holding only free DSUP gold awarded at account opening are exempted from storage fee.
**Transfer-in is only allowed for bullion that was previously purchased from Digital Bullion.
1. Storage fees are invoiced at the end of each year or are charged when you sell or withdraw your bullion.
2. Storage fees are calculated daily and added up till the end of the year.
3. If storage fee invoice at the end of the year is less than SGD$15 or USD$12, payment will not be necessary and fee will be accumulated along with the following year.
After you login to you Digital Bullion account, on the top right-hand corner, you can see the amount of gold you currently have. Or you can view it in your dashboard by clicking "Dashboard" option under "My Digital Bullion" on the top menu bar.
Vault account number or Digital Bullion account number is a unique account number assigned to each individual investor on the platform where your gold will be stored under.
Simply log in to your Digital Bullion account, you can find the “Sell” option on the top menu bar in your dashboard. Once you agree to the terms of sale, you will receive your due payment into your Digital Bullion account immediately.
While logged in, simply click withdraw (you will find the option in your dashboard) and you will receive your monies into your bank account provided during sign up, within 3 working days.
All customers gold are allocated and stored with our Vault Operator, The Safe House. We publish all our customer list of gold held with us in real-time and identifying each customer via Vault Account Number that is only unique to you. You can check your own vault holdings via searching for your Vault Account Number.
Investment Precious Metals (IPM) is a term used in Singapore to define precious metals that are tax exempted. IPM can be imported, purchased or sold in Singapore GST (tax) free. Goods and Service Tax (GST) are similar to that of Value-added Tax (VAT), are exempted as per published by IRAS.
There is also no Capital Gain Taxes in Singapore
Criteria for a IPM Gold Bar
1. Gold must be at least 99.5% purity.
2. Capable of being traded on international bullion market if refiner in current/former ‘Good Delivery’ List of LBMA.
3. It bears a mark or characteristic that is internationally accepted as guaranteeing its quality.
4. It is not a decorative bar (it is traded on spot price of its precious metal content).
All Digital Bullion gold products are Investment Precious Metal (IPM), therefore are tax-free.
Minted bars starts from cast bar fed into a machine that compresses them into a uniform width and thickness. From there, the strip is cut into precise lengths which produces blanks of bars without any markings. The markings are made from a pressing machine, all surfaces of gold bar are smooth, even and regular.
Minted gold bar allows for more intricate designs, but also requires a little more effort, time and money, which is why it carries a higher premium than cast bars.
Investors can easily buy, sell, store or have their gold delivered at their convenience through the Digital Bullion platform. Digital Bullion provides a very competitive gold pricing as compared to the market with the denomination as low as 1 gram.
All investors and Digital Bullion gold are kept in our ISO 9001 certified vault with 24/7 surveillance and armed auxillary polices running security operations making sure the precious metals are stored under the safest condition.
Precious metals stored in our storage vault are protected under a very comprehensive insurance including theft and even inside jobs.
All gold must and are D.U.X. tested before being allowed to be stored into our secured vault and is guaranteed of its genuineness.
Singapore is one of, if not the safest jurisdiction in the world. Ranked 3rd (2018) for lowest corruption in the world, Singapore is recognised as one of the most efficient in Asia where individuals can conduct businesses and investments without much worry.
“Investment Precious Metal” (IPM) can be imported, purchased or sold in Singapore GST (tax) free. Goods and Service Tax (GST) are similar to that of Value-added Tax (VAT), are exempted as per published by IRAS.
There is also no Capital Gain Taxes in Singapore.
Strong Legal System & Safety
Being one of the most stable political environments in Asia, which offers individuals a strong sense of safety and security. Singapore is also one of the lowest crime rates in the world and individuals can freely walk around without the fear of being robbed.
All precious metal(s) held in Digital Bullion is your legal asset. The invoice and vault certificate issued by Digital Bullion for the purchased and storage of bullion are commercial invoices under Singapore law.
In the highly unlikely event of Digital Bullion’s closure (for any reason), you will be able to approach the appointed liquidator to claim your bullion and/or cash value (deducting any administrative fees) according to the prevailing market value.
The process of casting has been around for at least 6,000 years, and while ancient techniques differ greatly from modern ones, the basics are the same. Bars created via this method are also referred to as "molded" or even "poured". No two poured bars are the same because the pouring process often creates abnormalities and blemishes that are unique to those bars. Because this process is so quick and cheap for the manufacturer, they are able to pass those savings onto the customer, which is why these bars are often available for close to spot price.
Stored of Value
Gold is a physical asset that retains its purchasing power over a very long period of time as compared to paper/fiat currencies which continuously loses its purchasing power.
Singapore is simply the best place to buy and store bullion. Where EU and USA government trying to curb investments into precious metals by means of imposing new legislation making it even harder to purchase precious metals. Singapore is one of the top few lowest corruption, crime rates and has no tax on bullion and many people across the region buy, sell and store their precious metal here.
Physical gold is something you can hold and touch it in your hand, it ain't a concept or representation of value like currencies or stocks.
Historically gold is an excellent hedge against high inflation when the stock market falls. Gold prices tend to rise when the cost of living increases.
The demand for gold has grown among both industrial and investors. Every year there is an increased demand for gold for jewellery as well as the technology industries around the world. India and china have increasingly large demands for gold especially in retail and as a traditional form of saving.
Gold is seen as a long-term safe haven asset to preserve and pass on wealth from one generation to the next. It is viewed as a low-risk asset for wealth accumulation for now and the future.
Historically gold has a negative correlation to shares and other types of financial instruments. This allows individual to diversify their portfolio and reduce the overall risk.
Currently Digital Bullion only buy back physical gold that was originally purchased from Digital Bullion and in it’s original parcel packaging.
You can contact Digital Bullion and set an appointment to bring the physical gold to the office.
Kindly note that the physical gold MUST be in it’s original parcel bag issued by Digital Bullion and untampered. Any tampered or physical gold without the parcel bag will not be accepted.
Digital Bullion makes sure only authenticated gold is stored and provided to gold purchasers. In doing so, all physical gold goes through the below stringent test:
Different metal has different density/mass and it is hard to replicate. Therefore a density test will help identify most precious metal.
Density test alone will not be able to 100% identify certain composite in a replicated metal. However, metals with similar density do not have similar ultrasonic properties. An ultrasonic test measures the thickness of metal by identifying the time it takes for an ultrasonic sound wave to travel through the metal. The speed of the sound wave travelling through gold takes 3240 metres per second.
X-ray testing helps detect surface composite of metal by emitting a broad spectrum of x-rays on the metal. This test is used to detect surface gold plated metals.
Our Vault Operator, The Safe House is an ISO 9001 certified vault in Singapore that stores bullion in a segregated manner and place in uniquely identified tamper-proof parcel bags.
The vault is located minutes away from the police station and it is secured by armed auxiliary police 24/7. The whole premise has local and remote CCTV backups with alarm type sensors and gold are kept in ul rated class ii vault.,
An extremely comprehensive vault insurance issued by Chubb Insurance Singapore (backed by Lloyds of London) not only protect from fire, building collapse and theft, as well as recently included coverage for Terrorism and Sabotage.
This insurance further covers Full Infidelity Coverage (inside job) and Full Mysterious Disappearance Coverage which is the closest thing to all risk covered.
Random internal audits will be performed to check and confirm physical presence of each parcel by serial number with the parcel ownership list.
Four audits are performed yearly by recognised independent third party auditors.
- Three independent audits are performed by Bureau Veritas, an LBMA (London Bullion Market Association) approved auditor.
- The most comprehensive audit is the fourth audit performed at the end of the year by Ernst & Young LLP.