70% of Gold Demand Is Asian — Singapore Moves to End London’s Grip

Jun 15, 2026 - 11:00
70% of Gold Demand Is Asian — Singapore Moves to End London’s Grip
Singapore has launched a coordinated push to become Asia’s anchor for gold trading, with six of the world’s biggest banks backing a new clearing system for physical gold stored on the island. The announcement puts it in direct competition with Hong Kong, which is already targeting a July launch for its own gold clearing system....

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