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Things to note when trading in gold
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Buyers of smaller gold bars will end up spending a lot on "workmanship" charges.
ST PHOTO: LIM YAOHUI
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SINGAPORE - If you are stashing away some gold bars for a rainy day, avoid buying smaller ones because you will end up spending a lot on "workmanship" charges.
The difference can be startling. The price for a one-gram bar was $107 on the UOB website on Sept 30 - about 40 per cent higher than its actual worth in gold of about $76.
