News

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.

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.

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.

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.

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.