gold

More central banks signal plans to increase gold holdings, survey shows

WGC says 93% of respondents reported already holding gold, up from 81% a year ago

Gold is down about 18% since the US and Israel launched strikes on Iran in late February.

Gold holds gain as Trump touts reopening of Hormuz this week

Precious metals traders are awaiting a series of central bank decisions this week

Gold prices have fallen about 20% since the start of the US-Israeli war against Iran in late February.

Gold rises over 2% after US, Iran reach peace deal

US and Iran will sign a memorandum of understanding in Switzerland on Jun 19

DPM Gan Kim Yong says MAS will remove the 5 per cent cap on physical investment precious metals under the tax incentive schemes for funds.

Singapore to offer OTC gold clearing, central bank vaulting by end-2026 amid gold-hub push

SGX is also exploring the relaunch of a physically deliverable gold futures contract

An old luxury watch in a furnace to be melted down for gold at Hatton Garden Metals in London on Jun 10.

Gold fever sends some vintage luxury watches to the melting furnace

Used models by the likes of Omega and LVMH’s Tag Heuer are most hit by the trend

Higher rates are typically negative for gold.

Gold jumps after Trump signals US-Iran truce deal is close

The precious metal has fallen 21% since the Middle East conflict began at the end of February

The threat of a prolonged conflict in the Middle East is triggering a broad reassessment of portfolios.

Five areas to watch as renewed US-Iran hostilities rattle global markets

Capital is rotating into defensive, domestically oriented equities, including healthcare and consumer services

The weak sentiment at the start of the Asian day stabilised with US equity-index futures flipping earlier losses to rise as much as 0.6%.

Stocks fall as tensions flare up with new US attacks on Iran

Latest US strikes have injected more volatility into global markets and threaten to further crimp oil supplies

Assets under management of physical gold holdings in DBS wealth clients’ portfolios more than doubled over the past three years.

DBS to launch tokenised physical gold for retail customers in Singapore

It is also exploring plans to list the token on the DBS Digital Exchange