Featured Reports

Recent Articles

  • Playing the Ratio Game: Gold and Silver

    Contract for Differences (CFD) Team | Mar 2020

    Gold price has surged to multi-year high recently, generating massive interest in this investment amidst market uncertainties and low interest rates. This article will give you an appreciation of gold and silver, and the gold/silver ratio…Read More

  • Gold Surges to Multi-year High

    Contract for Differences (CFD) Team | Oct 2019

    Gold and silver are often referred to as safe haven commodities, where people often flee to its relative safety in times of uncertainties and volatility. Gold prices has surged and is trading at multi-year highs, amid the ongoing trade war between China and US, unprecedented interest rate cuts by the Federal Reserve and Brexit…Read More

  • What is the outlook for Gold over the next six months?

    Phillip Futures | Sep 2019

    Over the next few months, Phillip Futures dealer Lim Jin Ru expects gold demand to go up. She explains why. Central banks are on gold-buying sprees and global economic conditions are worsening. A prolonged Sino-US trade dispute will generate rallies and sell-offs, but the extent of price movement depends largely on the severity of the situation…Read More

  • A Good Time for Gold : 4 Reasons to Buy the Precious Metal

    Roger Chan, Global Markets | Feb 2019

    2019 started off with massive uncertainty. While volatile market conditions make it more challenging for investors to plan their moves, the flipside is opportunities to gain are created if the right moves are made. Consider the current political and investing landscape. On the economic front, there is considerable unease surrounding trade tensions…Read More

  • 5 Reasons Gold Should Already Be In Your Investment Portfolio

    Phillip Futures | Jan 2019

    There are conflicting views regarding gold investments. According to the naysayers, physical gold is not as liquid as cash or some other forms of investment. Storing it can be expensive. Gold prices do not follow a regular pattern. It can be years before you make a return on your investment. Despite these shortcomings, the precious metal has been regarded as…Read More

  • 4 Reasons Why Gold Should Be Part of Your Portfolio

    Contract for Differences (CFD) Team | Jun 2018

    All that glitters is not gold. At least that can be said when it comes to investing in gold. I am sure you will agree that like every other tradable instrument out there, gold has its ups and downs and if you were to buy (long) or sell (short) at the wrong time, your investment account will be in red for a prolonged period…Read More

  • Safe Haven – Gold or Bond?

    Chong Kai Xiang, POEMS | Apr 2017

    We know that geopolitical instability is bad for businesses. This will no doubt cast some fear in investor’s mind and we should see more of them shifting funds into less risky asset classes. Less risky asset class like bonds will see a drop in yield due to the increase in demand. The prices of gold and gold-related equities are also expected to…Read More

Technical Analysis Reports

  • Technical Analysis: Gold

    Chua Wei Ren, Technical Analyst | 12 Mar 2020

    Gold has had a strong bullish start in 2020 by breaking the 1600 high point in the past decade. As the macroeconomic situation worsens with the spread of the COVID-19 virus, the safe heaven asset’s price appreciation appears to be slowing down despite having a strong uptrend momentum. However, based on current technical indicators, the strong bullish momentum should continue, but not before short-term correction.

    Read More

  • Gold Breaks 7-Year High

    Phillip Futures | 21 Feb 2020

    From the US$1,200/oz level in July 2018, gold continued its bullish momentum till it broke through the US$1,350 resistance. It then rallied to US$1,550/oz, where it consolidated for a month till Dec 2019 before attaining the US$1,620 levels in mid Jan 2020. Last night, it began trading at levels last seen 7 years ago, and prices reached a new high this morning.

    Read More

  • Gold – Bullish trend is intract but correction expected

    Chua Wei Ren, Technical Analyst | 16 Dec 2019
    • Gold had a strong move to the upside in May 2019 when it broke the 3-year resistance at 1377.41
    • Gold had briefly crossed above the 1500 psychological level for a period of 3 months.
    • Since the rally in May 2019, the precious metal has been floating above the 1450 level, signifying its strength.

    Read More

  • Technical Pulse: Gold

    Chua Wei Ren, Technical Analyst | 4 Nov 2019

    Based on our technical analysis, the long term trend for gold is still bullish. However, it may enter into a short correction in the near term.

    • There is a bearish shooting star below 78.6% of 05-1533.33.
    • Head and shoulder formation.
    • Tightening of the Bollinger band. This may signify a bearish breakout.

    Read More

See All Reports

Commodities CFD Product Information


Why Trade Gold & Silver CFDs?

  • Leverage: As commodities CFD is a leveraged product traded on margin, customers only pay a fraction of the contract value to gain exposure to the underlying commodity contract.
  • Alternative Investment: Commodities’ value is typically not driven by the same factors that affect the prices of other asset classes such as stocks or bonds. Hence, commodities may serve as a good instrument to diversify one’s portfolio.
  • No Storage Cost: Commodities CFD is a derivative; therefore customers do not actually own the commodity. Investors can gain exposure to price changes in the underlying commodity and avoid the risks and costs involved in owning physical commodities at the same time.

Gold & Silver CFDs

ProductValue of 1 Index PointContract SizeMargin RequirementsOrder Submission RangeMarket Trading HoursSettlement CurrencyDividend Adjustment
Gold USD1 CFDUS$1US$1 x Gold USD1 CFD Price x Quantity20%+/- 5% from bid/ask price07:01 – 04:00 (DS)
07:01 – 05:00 (NDS)
US DollarsNo
Gold USD100 CFDUS$100US$100 x Gold USD100 CFD Price x Quantity
Silver USD50 CFDUS$50US$50 x Silver USD50 CFD Price x Quantity

For more information, kindly visit our product and pricing page.


Why Trade Contracts For Differences (CFDs)?

ETF Product Information

Physical Gold Backed ETFs:

New to Physical Gold Backed ETFs?

  • Physical Gold Backed ETFs are convenient and cost efficient investment vehicles for investors to gain exposure to gold without having to pay for the logistic and insurance costs of holding physical gold.
  • With Physical Gold Backed ETFs, investors can now easily buy and sell shares of the ETFs on exchanges and take advantage of the strategic and tactical properties of gold as a unique asset class for their investment portfolio.
    ETFSPDR Gold SharesSPDR Gold MiniSharesiShares Gold Trust
    TickerGLDO8728401326GLDMIAU
    ExchangeNYSE-MKTSGXHKExTSENYSE-MKTNYSE-MKT
    Trading CurrencyUSDUSDHKDJPYUSDUSD
    AUM (USD)42.12 Billion1.12 Billion16.97 Billion
    Expense ratio0.40%0.18%0.25%
    Board Lot Size1510111

Gold Miner ETFs:

New to Gold Miners ETFs?

  • Gold Miners ETFs are “highly leveraged” financial products due to the underlying nature of the gold mining industry. The high operational and financial fixed cost of the gold miners result in gold miners’ earnings to be highly susceptible to fluctuation in gold prices.
  • Gold Miners ETFs’ share prices tend to be more volatile than Physical Gold Backed ETFs because of company-specific factors of the underlying companies. This mean that small changes in gold price can result in much larger differences in their net income and valuation multiples.
  • Gold Miners ETFs can be potential tactical instrument for investors to take advantage of rising gold price and for traders to profit from excess return relative to gold price.
    ETFVanEck Vectors Gold Miners ETFsVanEck Vectors Junior Gold Miners ETF
    TickerGDXGDXJ
    ExchangeNYSE-MKTNYSE-MKT
    Trading CurrencyUSDUSD
    AUM (USD)12.12 Billion5.01 Billion
    Expense ratio0.53%0.54%
    Board Lot Size11

Futures and Spot Bullion Product Information

Trade a diverse range of precious metals products, get access to Spot/Futures/Low-leveraged gold & silver products, even physical gold.


Why Trade Gold & Silver with Phillip Futures?

  • Diverse range of products: Trade a whole range of gold and silver products that caters to your individual needs.
  • Trade precious metals on margin: Trade Spot gold and silver to gain full exposure with a small initial deposit.
  • Low spreads: Trade with spreads as low as $0.3 for Spot gold.

New to Gold/Silver trading?

Gold and silver are precious metals, highly sought after as safe-haven products and a store of value.

  • Spot Gold and Silver: Gold and Silver prices are quoted and traded against the US dollar. Phillip Futures offers spot gold and silver bullion in the following contract sizes: Regular, Mini & Micro.
  • Gold & Silver Futures: Contracts with the precious metals itself as underlying assets. With commodities gaining popularity as an important alternative asset, you can now invest in Gold & Silver futures to enhance your portfolio diversification, hedge against inflation or your physical precious metal holdings, and potentially obtain returns while doing so.
  • Gold Direct Investment (GDI) & Silver Direct Investment (SDI): Enables you to invest in the value of Gold and Silver with lower leverage. This is mainly suited for investors that have a longer tenure in their investments. The benefits of GDI/SDI, compared to conventional gold saving schemes offered in banks, will be the 0 commission trading, market that is open 24 hours/5 days a week and it has one of the lowest cost for gold investments in the market.

Spot Gold & Silver:

Bullion Product AvailableStandard LotMini LotMicro LotRemark
in USDLoco London Gold100 Troy Oz10 Troy Oz1 Troy Oz
in SGDGold in SGDN/A10 Troy OzN/AAlso available in:
EUR | JPY
in USDGram Gold in USD100 gN/AN/AAlso available in:
SGD
in USDLoco London Silver5000 Troy Oz500 Troy Oz50 Troy Oz

Gold & Silver Futures:

ProductExchangeTrading HoursCurrencyContract SizeTick Value
GoldCOMEX2020-0130; 0600-0500 (Globex)USD100 t. ozUS$10
E-mini GoldCOMEX0600-0500 (Globex)USD50 t.ozUS$12.50
E-micro GoldCOMEX2020-0130; 0600-0600 (Globex)USD10 t.ozUS$1
Mini-Sized GoldICE US0800-0600USD32.15 fine t.ozUS$3.215
Shanghai GoldCOMEX2020-0130; 0600-0500 (Globex)USD32.15 t.ozUS$3.215
Shanghai GoldCOMEX2020-0130; 0600-0500 (Globex)CNH1000 grams50CNH
Gold Kilo FuturesCOMEX2020-0130; 0600-0500 (Globex)USD32.15 t.ozUS$3.215
SilverCOMEX2025-0125; 0600-0500 (Globex)USD5000 t.ozUS$25
1000 Oz. SilverCOMEX2025-0125; 0600-0500 (Globex)USD1000 t.ozUS$10
E-mini SilverCOMEX0600-0500 (Globex)USD2500 t.ozUS$31.25
Mini-Sized SilverICE US0800-0600USD1000 t.ozUS$1

Gold & Silver Direct Investment:

Gold Direct Investment (GDI)Silver Direct Investment (SDI)
ProductSpot GoldSpot Silver
Trading Hours24 Hours
Lot/Contract Size1 Troy Oz50 Troy Oz
Initial InvestmentUSD1,249.88*
(99.99% of the notional value)
USD849.92*
(99.99% of the notional value)
Admin Fee1% p.a on daily settlement price
CommissionFree

Unit Trust Commodities Product Information

Gold Miner Unit Trusts

New to Gold Miner Unit Trust?

  • Gold Miner Unit Trusts generally invest in companies whose predominant economic activity is gold-mining.
  • In Unit Trust investments, fund managers adopt active management and actively pick the companies to outperform fund’s benchmark over time. Active management provides fund manager the flexibility to hold cash in a down market, and buy low during periods of heighted market volatility. Thus, fund manager plays a pivotal role in the fund performance.
  • Gold Miner Unit Trusts offer various currency share classes that are different than their base currency. SGD hedged share class will help investors reduce the impact of SGD currency movement against other currencies that may have on an investor’s returns. In an unhedged SGD share class, investor will be exposed to FX gains or losses.
  • When gold prices fluctuate, gold mining companies may move faster in the same direction than anticipated by investors as there is a high positive correlation between them. Therefore, the investment returns for gold mining companies tend to more volatile.

BlackRock World Gold


DWS Noor Precious Metals Securities Fund Class


FTIF Franklin Gold and Precious Metals Fund

  • The fund’s principal investment objective is capital appreciation. Its secondary objective is income. Under normal market conditions, the fund invests principally its net assets in securities issued by gold and precious metals operation companies. The fund principally invests in equity and/or equity-related securities such as common stocks, preferred stocks, warrants and convertible securities issued by gold and precious metals operation companies located anywhere in the world (including Emerging Markets) and across the entire market capitalization spectrum, including small-cap and medium-cap companies, as well as in American, Global and European Depositary Receipts.
    Fund NameCurrencyMin Investment AmountFund Source
    FTIF Franklin Gold and Precious Metals Fd A (Acc) SGDSGD1000Cash & SRS only

Schroder ISF Glb Gold Fd

  • The fund aims to provide capital growth by investing in equities of companies in the gold industry. The fund invests at least two-thirds of its assets in equities of companies world wide involved in the gold industry. It will also invest directly in equities relating to other precious metals and indirectly in gold and other precious metals through funds. The fund may hold up to 40% of its assets in cash. The fund will not be exposed to any physical commodities directly, nor enter into any contracts relating to physical commodities. The fund may use derivatives with the aim of reducing risk or managing the fund more efficiently.
    Fund NameCurrencyMin Investment AmountFund Source
    Schroder ISF Glb Gold Fd A Acc SGD HedgedSGD1500Cash only
    Schroder ISF Glb Gold Fd A Acc USDUSD1000Cash only
    Schroder ISF Global Gold Fd EUR Hedged A AccEUR1000Cash only

UOB United Gold & Gen Fd

  • The fund aims to achieve returns on investment mainly in securities of corporations (whether or not listed on any stock exchange, and in any part of the world) whose business (in any part of the world) is or is substantially in the mining or extraction of gold, silver or precious metals (e.g. platinum, palladium, rhodium etc.), bulk commodities (e.g. coal, iron ore, steel etc), base metals of all kinds (e.g. copper, aluminium, nickel, zinc, lead, tin etc.), and other commodities (e.g. industrial minerals, titanium dioxide, borates etc.) and it includes the mining or extraction of oil, gas, coal, alternative energy or other commodities or other minerals, and other Authorised Investments as set out in Clause 1 of the Deed and as described in paragraph 20.6 of this Prospectus.
    Fund NameCurrencyMin Investment AmountFund Source
    UOB United Gold & Gen FdSGD1000Cash & SRS only