Source: BeInCrypto ↗
Singapore Opens a 500-Ton Gold Vault for Central Banks. Are They Still Buying?
|
Translation unavailable. Please try again.
What the source reports
The Monetary Authority of Singapore (MAS) has launched a gold vaulting service for foreign central banks. The national currency vault can hold up to 500 tonnes. The launch is a bet that central banks will keep buying gold. Their purchases have held up this year, even as gold prices fell. Why Singapore Built a Gold The post Singapore Opens a 500-Ton Gold Vault for Central Banks. Are They Still Buyi...
Read the original report on BeInCrypto ↗Live market context
Market data is unavailable
Related news
Open news desk →Goldman Sachs just slashed its 2027 gold forecast. Here are the new numbers
Spot gold posts worst week since March amid jump in Fed rate hike expectations
Basic Materials Roundup: Market Talk
Find insight on gold futures, Press Metal Aluminium, Evolution Mining and more in the latest Market Talks covering basic materials.