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Gold retailer Degussa opens first Asian branch in S'pore

Thursday, October 29, 2015 - 05:50

Mr Wrzesniok-Rossbach says that with the Singapore market still not used to buying gold for investment, the focus for now will be on retailing jewellery and accessories


ONE of the world's largest retailers of gold and precious metals opened its branch in Singapore - its first outside Europe - on Wednesday, with plans to make this outlet a key part of its global portfolio.

To do so, the German company, Degussa Goldhandel, will focus on

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