On average, it takes between 60 and 70 ounces of silver to equal the value of one ounce of gold. Currently, it would take 90 ounces of silver to buy one ounce of gold.
FCNR(B) hurdle: Singapore holds ground on withholding tax
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would