News

Gold Faces Pressure as FOMC Rate Decision Looms and Strait of Hormuz Risks Rise
Gold prices edge lower ahead of the September 16 FOMC decision, with crowded long positioning, Strait of Hormuz tensions, and diverging institutional forecasts adding to volatility for Singapore buyers.

Platinum Jumps as Sibanye-Stillwater Shaft Closure and SA Power Crisis Fuel 2026 Deficit
Platinum surges after Sibanye-Stillwater shutters its Kwezi shaft, worsening South Africa's supply woes. WPIC now forecasts a 297,000-oz deficit for 2026, pushing prices higher for Singapore buyers.

Gold Defies Hot August CPI, Climbs as September Fed Rate Call Nears
Gold rises unexpectedly after the US August 2026 CPI comes in hotter than forecast, as traders brace for the September FOMC decision. What this means for Singapore buyers.

DBS Bank to Launch Tokenized Physical Gold for SG Retail Investors in H2 2026
DBS Bank will debut Singapore's first tokenized physical gold product for retail investors in H2 2026. Backed by Singapore-vaulted bullion, it's set to change how locals buy and store gold.

Gold Logs Strongest August Since 1979 as Sticky US Inflation Clouds Rally — Jackson Hole in Spotlight
Gold prices surge for their best August in over 40 years even as US PCE inflation refuses to cool. With Warsh's first Jackson Hole speech looming, Singapore buyers eye the next move.

US Treasury Doubles Long-Term Debt Buybacks; Gold Nears US$4,500 as Yields Tumble
The US Treasury ramps up long-term debt buybacks, sending gold up to nearly US$4,500 as yields plunge and the dollar weakens. What this means for Singapore investors eyeing safe-haven assets.

Gold Holds at US$4,345 After Hawkish FOMC Minutes; September Hike Back in Play
Gold trades near US$4,345 as July FOMC minutes reveal 9-3 split in favour of more rate hikes. Investors weigh a September move ahead of Jackson Hole. Volatility likely to persist.

COMEX Silver Faces 5.9x Paper Leverage for September 2026 Delivery
COMEX silver contracts for September 2026 show 5.9 times more paper than available metal, covering just 17% of open interest. This may impact silver prices and confidence in physical delivery.

Central Banks Set Record, Buy 289 Tonnes Gold in Q2 2026 Led by Poland, China
Central banks bought a record 289 tonnes of gold in Q2 2026, led by Poland and China, with MAS Singapore also accumulating. This surge signals persistent global demand and growing reserves.

Fed Chair Warsh’s Jackson Hole Debut Fuels Gold Positioning Amid Policy Uncertainty
Gold positions surge after Fed Chair Warsh’s first Jackson Hole speech, as traders brace for US policy uncertainty. What it means for bullion buyers in Singapore.

US Retail Sales Fall 0.6% in July 2026, Gold Hits $4,387 as Fed Hike Odds Drop
US July retail sales slipped 0.6%, sending gold to a record US$4,387 and platinum up 2% to $1,745. With Fed rate hike bets fading, Singapore investors are well-positioned for these fresh highs.

Global Gold ETFs Add $5.5 Billion in August 2026 as Fed Rate Bets Fade
Gold ETFs worldwide record $5.5B in net inflows in August 2026, pushing AUM to $407B. With Fed rate hikes looking less likely, North America and Europe drive renewed demand.

China Shifts Gold Reserves from London to Hong Kong as Clearing Hub Launches
China’s central bank extends its gold-buying streak to 21 months and moves reserves from London to Hong Kong, strengthening Asia’s bullion hub status at a pivotal time for global gold flows.

Gold Nears US$4,400 as US July CPI Puts Precious Metals to the Test
Gold holds just below US$4,400/oz ahead of the crucial July US CPI inflation report, a key test for bullion demand after recent price gains. Why this number could move Singapore buyers.

Gold Mine Output Stalls in 2026 Despite Record Prices, Supply Remains Tight
Gold mine production stays flat in 2026—even as gold prices hit new highs. Structural limits keep supply inelastic, supporting a bullish outlook for Singapore buyers and investors.

China’s Solar Shift: Copper Cells Threaten 19% of Silver PV Demand in 2026
Chinese solar leaders LONGi, Jinko, and Aiko are switching to copper-based cells, risking up to 19% of global silver PV demand. What does this mean for silver investors here in Singapore?

Gold and Silver Surge After Weak US July Jobs Report Shakes Fed Rate Bets
Gold and silver hit multi-week highs on 9 August 2026 after a weak US July jobs report triggered a major Fed rate rethink. Singapore buyers eye fresh price action as global investors flood into bullion.

AI Data Centre Boom Doubles AMD Q2 Revenue as Silver Demand Soars in 2026
Silver sees heightened demand in 2026 driven by AI data centre build-outs, with AMD’s Q2 data centre revenue doubling and hyperscalers locking in $725B capex. Silver’s supply deficit deepens.

Palladium Market Faces H2 2026 Crossroads as EV Shift Threatens Surplus
Major institutions are split on palladium’s direction for late 2026, with the EV transition threatening a surplus but supply issues persisting. Singapore buyers watching for volatility.

JP Morgan Lifts Gold Forecast to US$6,000 for Q4 2026 Amid Record Demand
JP Morgan sets a bold US$6,000 gold price target by end-2026 as global central banks buy heavily and Singapore's retail demand surges—reshaping the market outlook for local investors.

Platinum Deficit Widens in 2026 as South African Output Flatlines, Hybrid Demand Climbs
Global platinum supply deficit deepens in 2026 as South African mine output stalls and demand from hybrid vehicles accelerates. Implications for investors eyeing platinum products.

Asia Draws Record US$12.4B Gold ETF Inflows in H1 2026 as West Sells
Asian investors poured a record US$12.4 billion into gold ETFs in H1 2026, bucking Western outflows and turning Singapore and Hong Kong into emerging global bullion hubs.

Silver Hits Sixth Year of Deficit in 2026 as Investment Demand Surges
The global silver market enters its sixth straight year of structural deficit in 2026, driven by rising investment demand and shrinking above-ground stocks, raising squeeze concerns for Singapore buyers.

Gold Sees First Monthly Gain Since February as Fed Holds Rates Steady in July 2026
Gold prices recorded their first monthly increase since February after the US Fed left rates unchanged in July 2026. J.P. Morgan sticks to its bold US$6,000 year-end target, signalling ongoing bullishness.

SGX Signs Six Banks for OTC Gold Clearing; MAS Vault Set for October
Singapore cements its gold hub ambitions—SGX secures six major banks for its new OTC clearing system, and MAS’s central bank gold vaulting goes live in October. Big moves for Asia’s gold market.

Gold Rebounds as Central Banks Keep Buying — and Singapore's Vaults Fill Up
Gold is on track for its first monthly gain in five months while central banks keep stacking reserves — and here in Singapore, dealers are racing to build more vault space.