precious metals

Gold’s epicentre is shifting to Asia, with prices buoyed by regional demand: analysts 

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

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

"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.

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

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

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

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

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

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

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

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.

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