Central Precious Metals was founded in 1993 as a Singapore registered company dealing in gold bullion business. It supplied mainly gold bullion in Kilobar and 100 grams form to jewellery manufacturers, goldsmiths and investors in Singapore and neighbouring countries. Most transactions are on wholesale basic. Our company provides daily live gold rates in Chinese Tael to the local goldsmiths and wholesaler.
In 1995, Central Precious Metals expanded its business to scrap gold purchase. We buy scrap gold mainly in used jewellery form from local pawnshops. We are now providing both buying and selling gold rates serving the Singapore jewellery and pawnshop markets. Since then we have emerged and established ourselves as one of the most trusted and reputable gold bullion company in Singapore. Our gold rate is widely accepted as the settlement pricing between wholesalers, jewellers and manufacturers. Pawnbrokers use our gold rates for their daily business operations. We have forged an extremely good business relationships with our clients over the years. Today, Central Precious Metals has soundly positioned itselve as a very strong bullion market player in Singapore providing a professional, transparent and trusted services to our broadening clienteles. With the Government’s effort to build Singapore as the gold hub in the East, our company has in the recent years increasingly serving the regional customers.
We have a team of dedicated staff with many years of industry and banking experience to support our operations. Each of them is a specialist in their field of expertise.