UOB Gold Spread Tracker (Live SGD)
Live UOB bid-ask spread analysis for all gold products, updated daily at 9:15am SGT. Last update: 30 April 2026.
UOB Gold Spread History (Argor Cast Bar 100GM)
UOB bid-ask spread (100GM) — exclusive data tracked daily since Sep 2025
What is the UOB gold spread, and why does it matter?
The spread is the gap between UOB's "Bank Sells At" price (what you pay to buy gold) and "Bank Buys At" price (what UOB pays when you sell back). It is effectively UOB's margin per gram — and the round-trip cost you absorb the moment you walk out of the branch.
A normal 100GM spread sits near our 30-day average of S$379.13. When the spread widens 15–30% above that, the market is signalling stress: thin wholesale liquidity, FX volatility, or a fast-moving spot price. Buying during a wide-spread day means paying premium today AND receiving less if you sell soon after.
Practical rule of thumb: if you must buy on a "Wide" day (e.g. during a crash rebound), accept that you are paying for liquidity, not gold. If you can wait 24–48 hours for the spread to normalize, you typically save 1–3% — meaningful on a S$10,000+ purchase. Compare against BullionStar and Silver Bullion spreads before any large transaction.
Why We Track the UOB Gold Spread
The spread is the gap between UOB's "Bank Sells At" price and "Bank Buys At" price. It effectively represents the round-trip cost you absorb the moment you purchase physical gold over the counter.
While most investors only track the absolute gold price, tracking the spread is arguably just as critical for physical buyers. When the spread widens significantly above its 30-day average, it is a clear signal that the market is under stress—whether due to a sudden price crash, geopolitical shock, or a spike in retail demand causing wholesale liquidity to dry up.
Buying on a "Wide" spread day means you are paying a premium for liquidity. By tracking our daily spread chart, you can make an informed decision: if the market is overly volatile and spreads are wide, delaying your purchase by 24–48 hours until conditions normalize can easily save you 1-3% on a large transaction.
For a detailed breakdown of how UOB calculates its margins compared to dedicated bullion dealers, read our full Singapore gold dealer comparison or understand the mechanics in our guide on how UOB gold pricing works.
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Frequently Asked Questions
What is a normal UOB gold spread?
Based on our daily tracking since September 2025, a normal UOB gold spread for 100GM sits around S$379.13 (30-day average). Spreads typically widen during high-volatility events such as crashes, geopolitical shocks, or central-bank surprises.
Why does the UOB gold spread widen?
UOB widens its bid-ask spread to manage risk during volatile sessions, when wholesale liquidity dries up, or when SGD/USD swings sharply. A spread 15–30% above the 30-day average usually signals stressed market conditions — buyers pay more, sellers receive less.
Is UOB's gold spread competitive in Singapore?
UOB's spread is competitive for retail bank-bought gold but typically wider than dedicated bullion dealers like BullionStar or Silver Bullion. The trade-off is convenience, brand trust, and over-the-counter access at any UOB branch.