The Business Times
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precious metals

Wealth & Investing

Nasdaq-listed StoneX’s bullion arm to offer gold, silver vaulting services in Singapore, sources say

Company in talks with vaulting providers to store and fulfil orders locally

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.
Economy & Policy

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

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

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

"To deepen capital flows, Singapore needs a more vibrant ecosystem around stored gold, including collateralised lending and gold-backed financing," says Priyanka Sachdeva of Phillip Nova.
Energy & Commodities

Singapore well-placed to be Asean’s gold-trading hub as regional duties rise: analysts

Creating enough market depth and building the necessary infrastructure is thus a priority, they add 

Ishtara managing director Parthiban Murugaiyan says that rising gold prices have also increased operating costs, prompting the shift towards digitalisation.
SGSME

Singapore jeweller Ishtara eyes overseas expansion, greater online presence amid gold price rally

It aims to capitalise on the boom to scale operations, tapping both retail demand and investment interest

The transition is most visible in the watch sector, which has seen an exponential boom in valuations following the pandemic.
Companies & Markets

Next-generation successors are betting on gold, watches as alternative investments

However, experts warn that these may not be ‘recession-proof’

The yellow metal peaked near US$5,500 per ounce in January before retreating in March amid a broader risk-off sentiment.
Companies & Markets

Singapore’s gold demand jumps record 42% in Q1 amid geopolitical risks, volatile prices

Inflows into Asia-listed gold ETFs outpace those in other regions, and offset outflows in West

The tokenisation of a real-world asset such as gold increases its accessibility by enabling fractional ownership and use in decentralised finance.
Companies & Markets

OCBC and partners launch South-east Asia’s first on-chain tokenised physical gold fund 

Institutional and corporate accredited investors can subscribe to the token using stablecoins or fiat currencies 

For Singapore’s gold trading hub push to take off, it is important to attract sustained cash flows into the precious metals market, say industry observers.
Energy & Commodities

Singapore plays neutrality card to vault central bank gold, elevate bullion hub status

Emphasising sovereign-grade vaulting, internationally aligned standards can set the Republic apart: analysts

World Gold Council data shows that, between Feb 27 and Mar 20, Asia recorded consistent gold ETF inflows in tonnes, while outflows were seen in the West.
Energy & Commodities

Singapore investors buy the dip, bucking global gold sell-off: OCBC, bullion dealers

Strong investor participation in Singapore and wider Asia suggests metal’s long-term role as a hedge continues 

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