BullionStar Review 2026: Buying and Storing Gold and Silver in Singapore


For more than a decade, Singapore has built a reputation as one of the safest places in the world to store precious metals. At the centre of that story is BullionStar, a bullion dealer and vault operator headquartered at 45 New Bridge Road, Singapore.
In its 2025 financial year, BullionStar processed 55,686 buy orders from customers in 115 countries, with sales of more than SGD 760 million. Here's what it offers, what it costs, and whether it's right for you.
Our verdict
BullionStar is one of the most transparent ways to own physical precious metals: insured vaults on three continents, multiple audits, and a Bullion Savings Program that lets you buy gold from 1 gram with storage fees of just 0.09% a year. It's best for long-term savers who want real metal, not paper gold. It isn't a bank, and gold doesn't pay interest.
BullionStar at a glance
Headquarters |
Singapore |
Company |
Operating since 2012; founded by Torgny Persson; CEO Luke Chua |
Metals |
Gold, silver, platinum: bars, coins and grams |
Vaults |
Singapore, Dallas (USA), Wellington (New Zealand, via partner) |
Savings plan |
Bullion Savings Program (BSP), from 1 gram |
BSP storage fees |
Gold 0.09% a year; silver and platinum 0.19% a year |
Payment |
Bank transfer, card and cryptocurrency (options vary by country) |
Why invest in physical gold and silver?
Precious metals don't pay dividends or interest, so why own them? Many investors hold 5–10% of their portfolio in gold or silver as:
- A hedge against inflation and currency debasement over the long term
- Diversification, since gold often behaves differently from stocks in a crisis
- A tangible asset that doesn't depend on any company or government paying you back
The trade-off: prices can swing sharply, and metals produce no income. They work best as a small, long-term part of a diversified portfolio.
The Bullion Savings Program (BSP)
The BSP is BullionStar's standout product, and the easiest way for beginners to start:
- Buy gold, silver or platinum by the gram, online, 24/7.
- Your grams are fully backed by metal in BullionStar's vault, more than 100%, with a daily backing report published online.
- Very low storage fees: 0.09% a year for gold, 0.19% for silver and platinum.
- Premiums and spreads are lower than buying individual bars.
- Once you've saved enough, convert your grams into real LBMA bars free of charge: 100 g gold, 15 kg silver or 1 kg platinum bars.
Example: €5,000 of gold in the BSP costs about €4.50 a year to store.
Vault storage: where your metal lives
Vault |
Details |
Singapore |
BullionStar's own vault at 45 New Bridge Road, plus a facility at Le Freeport |
Dallas, USA |
Class III UL-rated vault |
Wellington, New Zealand |
Stored with partner New Zealand Vault. Gold 0.59% a year, silver and platinum 0.88%, minimum SGD 0.19 a day |
All stored metal is fully insured at full replacement value. Having vaults on three continents lets you diversify jurisdictional risk, which matters if you're storing a lot.
Is BullionStar safe?
BullionStar isn't a bank, so your metal isn't covered by a deposit guarantee. Instead, it relies on transparency and audits:
- Five different audit methods, including third-party audits, customer audits and a Live Audit Report in your account showing your holdings
- Insured vault storage at full replacement value
- Allocated, segregated metal in vault storage
- Account security with two-factor authentication
Tip: start with a small amount, check your holdings in the Live Audit Report, and test a sale before committing larger sums.
Buying, selling and paying

- Buy online and either collect, ship or keep the metal in a vault.
- Sell back to BullionStar at its published buy-back prices.
- Pay by bank transfer, card or cryptocurrency. Available methods depend on your country.
- Track prices with live charts in several currencies, and set price alerts.
Costs to keep in mind
- Premiums: the price above spot you pay for a product. Small coins and bars cost more per gram than large bars or BSP grams.
- Spreads: the difference between buy and sell prices.
- Storage: 0.09–0.19% a year in the BSP. Vault storage costs more and varies by location.
- Withdrawals and audits: physical withdrawals from a vault and personal customer audits carry fees. In New Zealand, for example, SGD 129 per withdrawal.
Pros and cons
✅ Pros |
❌ Cons |
Very low BSP storage fees (from 0.09%) |
Not a bank, so no deposit guarantee |
Buy from 1 gram, convert to bars for free |
Metals pay no interest or dividends |
Insured vaults in Singapore, the US and NZ |
Vault storage and withdrawals cost extra |
Strong transparency: 5 audit methods, Live Audit Report |
Prices can be volatile |
Large, established dealer serving 115+ countries |
Small products carry higher premiums |
Frequently asked questions
What's the cheapest way to buy gold with BullionStar?
For most beginners, the Bullion Savings Program: low premiums, 0.09% yearly storage, and free conversion to bars later.
Can I take delivery of my metal?
Yes. You can collect in Singapore, have products shipped, or withdraw from a vault, subject to fees.
Is gold a good investment?
Gold is better seen as insurance and diversification than as a growth investment. Many investors keep it to a small share of their portfolio alongside ETFs and other assets.
Does BullionStar have new-customer offers?
BullionStar runs promotions from time to time, including offers for new customers. Check the current offer when you sign up.
The final word
BullionStar combines real, allocated metal, low-cost saving from 1 gram and unusual transparency in an industry that's often opaque. If you want to own physical gold or silver for the long term, it's one of the strongest options available.
Please note: Investing involves risk, including the loss of your capital. Past performance does not guarantee future results. Content on Financial Testament is for educational purposes only and is not financial advice. Some links on this site are referral links. If you sign up through them, we may earn a commission or bonus at no extra cost to you. We only recommend platforms we have used or reviewed.


