Singapore Launches Gold Vaulting Service for Central Banks
AI Summary
Singapore has launched a gold-vaulting service aimed at overseas central banks and other official institutions. The initiative seeks to attract demand from institutions diversifying where they store bullion reserves.
Singapore has launched a gold vaulting service for overseas central banks and official institutions, seeking to capitalize on global demand to diversify storage of bullion reserves.
World Markets Deals Commodities Singapore gold vaulting central banks bullion reserves reserve diversification financial services