Indigo Precious Metals Group
- Company typePrivate
- Founded2014
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2C
- OfferingServices
Indigo Precious Metals Group firmographics
Firmographics- Name
- Indigo Precious Metals Group
- Legal name
- Indigo Precious Metals Pte Ltd
- Website
- https://indigopreciousmetals.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Indigo Precious Metals Group industry classification
Industry- Product category
- Physical Precious Metals Trading and Vaulting
- NAICS
- Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (423940)
- SIC
- Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)
- akta.pro primary industry
- Precious Metals Trading, Marketing & Distribution (IMAKAEAH)
Keywords
Where Indigo Precious Metals Group is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices6 records
Markets served
Indigo Precious Metals Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Bullion Product Sales: Revenue generated from buying and selling physical precious metals (gold, silver, platinum, palladium, rhodium) at competitive prices. The company earns through bid-offer spreads and refinery premiums over spot prices. Products include bars and coins from LBMA-accredited refiners in various weights from 1 gram to 1000 oz.
- Vaulting and Storage Services: Annual vaulting fees charged on allocated metal holdings stored at Le Freeport Singapore. Fees are tiered based on metal type and value held, ranging from 0.16% to 0.58% per annum. Storage charges accrue daily and are billed quarterly in arrears.
- Gram Savings Program Fees: Revenue from the gram savings accumulation program including premiums over spot (2-6% depending on metal), buy/sell spreads (2-7%), and vaulting charges (0.10-0.80% per annum). Physical bar conversion is free.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Gold Gram Savings: 2.0% premium over spot, 2.51% spread, 0.16% vaulting per annum |
| Transaction based/ take rate | Pay-as-you-go | Silver Gram Savings: 5.5% premium over spot, 6.57% spread, 0.2% vaulting per annum |
| Transaction based/ take rate | Pay-as-you-go | Platinum Gram Savings: 3.0% premium over spot, 4.04% spread, 0.2% vaulting per annum |
| Transaction based/ take rate | Pay-as-you-go | Palladium Gram Savings: 6.0% premium over spot, 7.07% spread, 0.2% vaulting per annum |
| Other | Pay-as-you-go | Vaulting - Gold (0-99k): 0.37% per annum |
| Other | Pay-as-you-go | Vaulting - Silver (0-99k): 0.58% per annum |
| Unit Pricing | Pay-as-you-go | Retail bullion pricing varies by weight and refinery |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Indigo Precious Metals Group product offering
Product offeringCore offering
Indigo Precious Metals buys, sells, and stores physical precious metals (gold, silver, platinum, palladium, rhodium) in bar and coin formats sourced from LBMA-accredited refineries. The company operates a 24/7 e-commerce platform and a Singapore showroom, offers allocated segregated vault storage at Le Freeport Singapore, and provides an Indigo Gram Savings program for fractional metal accumulation with conversion to LBMA Good Delivery bars.
Product overview
Indigo Precious Metals Group is a Singapore-based physical precious metals trading platform offering a comprehensive portfolio of investment-grade bullion products. The core offering includes Gold, Silver, Platinum, Palladium, and Rhodium bullion in bar and coin formats, supplemented by specialty products including Copper, Indigo Gram Savings (fractional accumulation plan), Collectibles (numismatics), Bullion Jewellery (24k gold pieces), and Rare Earths (critical metals). The company provides vaulting services at Le Freeport Singapore through Malca-Amit, with metals fully allocated and insured by Lloyds of London. Additional services include an Asset Allocation Tool for portfolio optimization and worldwide insured delivery through major logistics partners.
Differentiator
Problem solved
Functional benefit
Brands
- Auctus Metal Portfolios: A Singapore-based advisory that actively manages physical precious metals (gold, silver, platinum, palladium and rhodium) held in segregated vault at Le Freeport Singapore. Led by David J Mitchell as Founding Partner & Chairman.
- Indigo Gram Savings
Products and services
- Gold Bullion (Bars and Coins) Investment-grade gold bars and sovereign mint coins in weights from 1 gram to 1 kilogram, sourced from LBMA-accredited refineries worldwide as minted or cast bars.
- Silver Bullion (Bars and Coins) 999 fine silver bullion in LBMA-accredited bars and coins available as cast or minted, ranging from 1 Troy Ounce up to 1000 oz large bars for institutional buyers.
- Platinum Bullion (Bars and Coins) Investment-grade 999.5% pure platinum bars and coins ranging from 1 Troy Ounce to 5 kilogram ingots, including sovereign coins from UK Royal Mint and Perth Mint.
- Palladium Bullion (Bars and Coins) Minted palladium bullion bars at 999% purity in various weights, part of the platinum group metals used as industrial catalyst and in jewellery.
- Rhodium Bullion (Bars and Coins) Minted rhodium bullion bars at 999% purity in various weights; rhodium is an exceedingly rare silvery metal with corrosion resistance priced through supply and demand dynamics.
- Indigo Gram Savings Fractional accumulation program allowing individuals to accumulate gold, silver, platinum, palladium, and rhodium in small gram increments with low premiums and favorable sell-back terms; accumulated grams convert into physical LBMA Good Delivery bars at no extra cost.
- Allocated Storage Service Ultra-secure, fully allocated segregated vault storage through Le Freeport Singapore bonded warehouse, with holdings insured by Lloyd's of London, 24/7 online account access, quarterly statements, and clear ownership documentation in the client's name.
Quantifiable outcome
- No counterparty risk - segregated storage insulates clients from financial system insolvency risks
- +3 more outcomes
Companies that use Indigo Precious Metals Group
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles3 records
Indigo Precious Metals Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Indigo Precious Metals Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, major and supporting.
- Malca-AmitcoreMalca-Amit serves as the vaulting provider and custodian at Le Freeport Singapore, handling secure storage and logistics. As a third-party custodian, Malca-Amit has been in the business of safeguarding valuables since 1859, operating as a Police Licensing & Regulatory Department licensed security company in Singapore for 25 years.
- Auctus Metal PortfolioscoreAuctus Metal Portfolios is a Singapore-based advisory that actively manages physical precious metals for clients using proprietary Provectus models. Founded by David Mitchell along with Scott MacRae, Matthew Colahan, and Justin Khoo. Auctus manages physical metal in segregated vault bays at Le Freeport Singapore, custodied by Malca-Amit and insured by Lloyd's of London. Indigo Precious Metals refers clients to Auctus for active portfolio management.
- Lloyd's of London (Underwriters)coreAll vaulted metals are fully insured under a policy underwritten by Lloyd's of London, providing comprehensive coverage for client holdings at current spot market valuations.
- Singapore Freeport Pte LtdcoreSingapore Freeport Pte Ltd operates the bonded warehouse facility where Indigo Precious Metals maintains its vaulting operations. The company is privately owned with shareholders including Singapore National Arts Council and National Heritage Board. The facility features vibration-detection technology, seven-tonne vault doors, full body scanners, and 24/7 armed guards.
- LBMA (London Bullion Market Association)coreIndigo Precious Metals is an LBMA Affiliate Member, one of only two such dealers in Singapore. The company sells only LBMA accredited refinery products and adheres to LBMA standards for gold and silver.
- FedEx, UPS, DHL, BrinksmajorGlobal logistics partners used for insured delivery of precious metals worldwide. Packages are fully insured, shipped discreetly, and tracked throughout the process. Selection of carrier is based on order size and cost effectiveness.
- Baird & ComajorOfficial distributor of Baird & Co products including the JBR Baird branded silver bars. Baird & Co is a London-based goldsmith and refinery.
- Nadir RefinerymajorFeatured distributor of Nadir Refinery products including silver bars with special promotional pricing. Nadir Refinery is a Turkish precious metals refinery.
- Singapore Assay OfficesupportingSingapore Assay Office provides authentication and certification for the company's bullion jewellery products, issuing personalized Certificates of Authenticity for 9999% Fine Gold jewellery pieces.
Scale indicators6 records
Recent moves6 records
Expansion highlights7 records
Indigo Precious Metals Group competitors and assessment
Company assessmentBroad incumbents
- JM Bullion: Large US-based online precious metals dealer offering gold, silver, copper, platinum, and palladium products with insured shipping. Comparable to Indigo's retail e-commerce model and broad product range, but a much larger US-centric competitor without Indigo's Singapore tax-free vaulting angle.
- Perth Mint: Australia's official precious metals mint offering gold, silver, and platinum bullion with allocated storage through the Perth Mint Depository. Comparable as a sovereign mint + vaulting platform serving international clients, with overlapping Australian vault partnership that Indigo also uses.
- APMEX: One of the largest US online precious metals retailers offering gold, silver, platinum, and palladium products with global delivery. Broad incumbent with overlapping product categories and e-commerce direct-to-consumer model, though primarily US-focused and without Indigo's vaulting-led proposition.
- A-Mark Precious Metals: US-listed precious metals wholesaler and trading platform supplying dealers, mints, and financial institutions. Comparable as a precious metals trading and distribution business with global vaulting and logistics, but operating at much larger scale on a B2B/wholesale model rather than Indigo's DTC focus.
- The Royal Mint: UK government-owned mint offering investment-grade precious metals (gold, silver, platinum) directly to consumers with storage options. Comparable as a sovereign-mint-affiliated bullion distributor with vault services, but with very different scale and structure than Indigo.
Direct peers
- BullionVault: The largest online platform for allocated physical gold, silver, platinum, and palladium with low commissions and vault storage in Zurich, London, Singapore, Toronto, and New York. Direct competitor to Indigo in the digital allocated-bullion-plus-vault model, including the Singapore vault location.
- GoldMoney: Online precious metals platform offering allocated, segregated vault storage in Zurich, Singapore, London, and Hong Kong with low spread pricing. Direct competitor across Indigo's core product set (gold, silver, platinum, palladium) and vaulting model, including the Singapore free trade zone jurisdiction.
- Sharps Pixley: Singapore-based precious metals dealer specialising in physical gold and silver bars and coins with vault storage options. Direct Singapore competitor overlapping with Indigo's retail showroom, product range, and HNW client focus.
- Silver Bullion: Singapore-based online precious metals dealer offering buy/sell and vault storage at Le Freeport Singapore with The Safe House as custodian. Closest direct Singapore competitor with overlapping product range (gold, silver bullion) and shared Le Freeport vault infrastructure.
Others
- Brink's (precious metals vaulting arm): Global secure logistics and vaulting provider that Indigo uses for high-value insured delivery. Comparable as a downstream ecosystem partner (and adjacent competitor for vaulting services) rather than a direct DTC competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Indigo Precious Metals Group social profiles
Digital presenceIndigo Precious Metals Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Indigo Precious Metals Group leadership team
Management profileNumber of profiles
Profiles4 records
Indigo Precious Metals Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Indigo Precious Metals Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Indigo Precious Metals Group
What does Indigo Precious Metals Group do?
Indigo Precious Metals buys, sells, and stores physical precious metals (gold, silver, platinum, palladium, rhodium) in bar and coin formats sourced from LBMA-accredited refineries. The company operates a 24/7 e-commerce platform and a Singapore showroom, offers allocated segregated vault storage at Le Freeport Singapore, and provides an Indigo Gram Savings program for fractional metal accumulation with conversion to LBMA Good Delivery bars.
Is Indigo Precious Metals Group a public or private company?
Indigo Precious Metals Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Indigo Precious Metals Group founded?
Indigo Precious Metals Group was founded in 2014. It employs 11 to 50 people.
Where is Indigo Precious Metals Group based?
Indigo Precious Metals Group is headquartered in Singapore, Singapore, in the Asia region.
How does Indigo Precious Metals Group make money?
Three revenue lines are on record. Bullion Product Sales are the primary driver. The others are vaulting and Storage Services and gram Savings Program Fees.
Who are Indigo Precious Metals Group's main competitors?
Broad incumbents on record are JM Bullion, Perth Mint, APMEX, A-Mark Precious Metals and The Royal Mint. Direct peers are BullionVault, GoldMoney, Sharps Pixley and Silver Bullion. Brink's (precious metals vaulting arm) is listed as an others.
Does Indigo Precious Metals Group have an API?
No public API is recorded for Indigo Precious Metals Group.
What industry is Indigo Precious Metals Group in?
Indigo Precious Metals Group's product category is Physical Precious Metals Trading and Vaulting. Its primary akta.pro industry code is IMAKAEAH, Precious Metals Trading, Marketing & Distribution. Its NAICS code is 423940 and its SIC code is 5094.