Product Details


Platinum’s name is derived from the Spanish term "Platina del Pinto", which is literally translated into "little silver of the Pinto river". Platinum is one of the rarest elements found in the Earth's crust with annual production of around 30 metric tons (vs. ~2,500 tons for gold and ~ 23,000 tons for silver). Mining is very geographically concentrated as South Africa accounts for over 80% of the world production.

The 1 oz Platinum Valcambi bars are composed of .9995 fine platinum, the highest purity regularly seen in the bullion market. The bars are also guaranteed to have a minimum weight of 1 troy ounce.

Delivered in security sealed bag of the size of half a credit card, each individual bar is packed together with assay certificate to ensure quality along with authenticity evidence and guarantee. To ensure traceability, each individual bar is marked with its unique serial number.


Pricing Details:

Points computation: 1 bar = 10.00 points

Tier
Points required
Price
(MYR)
Price/Gram
(MYR)
Price/oz
(MYR)
Percentage
Over Spot
Buy/Sell
Spread
1
-
5,080.34
163.337
5,080.34
11.91%
13.56%
2
1500
5,073.16
163.106
5,073.16
11.75%
13.44%
3
3000
5,065.99
162.875
5,065.99
11.59%
13.32%
4
5000
5,058.81
162.645
5,058.81
11.44%
13.19%
5
10000
5,051.63
162.414
5,051.63
11.28%
13.07%