E-trading platform for physically backed precious metals launched

Singapore

IN a move that will further boost retail investment options in precious metals in Singapore, local bullion dealer GoldSilver Central has launched an electronic trading platform for physically backed gold, silver and platinum.

This will allow investors to trade 24 hours a day, especially during the New York and London trading hours, and to take physical delivery of their holdings - an option currently not available in Singapore, said its managing director Brian Lan.