bullion@bullionsingapore.com

In case you have been reluctant to start out preparedness steps earlier than 2020, maybe the COVID-19 lockdown, civil unrest, wildfires, hurricanes, and anticipated presidential election chaos have satisfied you that having a “Plan B” is likely to be good thought.  In line with this extensively adopted visitor, we’d do nicely to heed the teachings

What affects the price of precious metals? Supply and demand As with any product or service, a shortage of precious metals – or an increased need for them – makes them more valuable. For example, if a strike at a major silver mine interrupts production, silver prices could increase over the short term. An improvement

NEW YORK (BLOOMBERG) – JPMorgan Chase & Co admitted wrongdoing and agreed to pay more than US$920 million (S$1.26 billion) to resolve US authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practice known as spoofing. Over eight years, 15 traders at the biggest

NEW YORK (BLOOMBERG) – JPMorgan Chase & Co admitted wrongdoing and agreed to pay more than US$920 million (S$1.26 billion) to resolve US authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practice known as spoofing. Over eight years, 15 traders at the biggest

FANCY owning your own gold bars that you can admire and take selfies with? With the coronavirus fuelling demand for safe-haven assets for investors to park their cash, a Singapore exchange is offering mom-and-pop investors what it says is an easier way to get their hands on the precious metal. The Singapore Precious Metals Exchange

SINGAPORE – Fancy owning your own gold bars that you can admire and take selfies with? With the coronavirus fuelling demand for safe-haven assets for investors to park their cash, a Singapore exchange is offering mom-and-pop investors what it says is an easier way to get their hands on the precious metal. The Singapore Precious

SHOTLIST SINGAPORE, SINGAPORESEPTEMBER 15, 2020SOURCE: AFPTV 1. Close-up Victor Foo holding up 1kg gold bars 2. Close-up Victor Foo putting 1kg gold bars in a box3. Mid shot Victor Foo demonstrating his company’s gold-buying app4. Close-up Victor Foo demonstrating his company’s gold-buying app 5. SOUNDBITE 1 – Victor Foo, CEO and Founder of Singapore Precious

– Advertisement – by Martin Abbugao Fancy owning your own gold bars that you can admire and take selfies with? With the coronavirus fuelling demand for safe-haven assets for investors to park their cash, a Singapore exchange is offering mom-and-pop investors what it says is an easier way to get their hands on the precious

SHOTLIST SINGAPORE, SINGAPORESEPTEMBER 15, 2020SOURCE: AFPTV 1. Close-up Victor Foo holding up 1kg gold bars 2. Close-up Victor Foo putting 1kg gold bars in a box3. Mid shot Victor Foo demonstrating his company’s gold-buying app4. Close-up Victor Foo demonstrating his company’s gold-buying app 5. SOUNDBITE 1 – Victor Foo, CEO and Founder of Singapore Precious

(UPDATED) The Singapore Valuable Metals Trade is providing small quantities of gold bullion for affordable costs that may be purchased utilizing a cellphone app Fancy proudly owning your individual gold bars that you could admire and take selfies with? With the coronavirus fuelling demand for safe-haven belongings for traders to park their money, a Singapore

Revered analyst Alasdair Macleod, head of analysis at Gold Cash, who has gone out on a limb to declare we’re ripe for a banking disaster very quickly, and a fiat forex failure by the top of the 12 months, returns to Liberty and Finance to report that China is already dumping the Greenback and shopping

James Turk Weblog: James Turk: The Current Financial Order is Not Going to Survive James Turk: The Current Financial Order is Not Going to Survive Paul Buitink talks to James Turk, founding father of GoldMoney, concerning the present financial disaster. James thinks it is going to inevitably result in a collapse of confidence in fiat

We’re in the midst of a modern-day gold rush. The precious metal has reached record high prices in recent days. A survey of 1,000 people by Magnify Money found that one out of six have invested in gold or other precious metals since May, and about half of Americans are seriously thinking about buying gold.

Why is gold rallying? Gold is up about 19% so far this year, as lower interest rates and central bank stimulus have supercharged existing upward momentum for the precious metal. Gold is typically seen as a “safe haven” asset in times of uncertainty because it is less volatile than other investments, like stocks. What’s more, the metal

Pixabay Every year around this time, we check in with raw materials for our popular commodities halftime report. This year, it wasn’t even a competition. Precious metals were the big winners for the first six months of 2020. Spot gold took the first place position, rising over 17 percent, followed in second place by silver,

Precious metals such as silver, platinum and palladium are a way to diversify one’s portfolio, away from a single precious metal. Although they are often correlated to gold, they have their own independent demand and supply dynamics. While gold is at $1,717 (as of 3 June 2020) per ounce close to its all-time high of

By Rajendra Jadhav, Asha Sistla * Most demand still coming from institutional investors * China discounts drop, some jewellers open up in India * Singapore to re-open economy from June in phases BENGALURU/MUMBAI, May 22 (Reuters) – Physical gold demand picked up in top Asian hubs this week as economies gradually come out of coronavirus

By Asha Sistla, Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Physical bullion demand was steady in Singapore this week as investors sought cover from economic uncertainties due to the coronavirus, while activity wound down in top hub China ahead of a public holiday. FILE PHOTO: A salesman arranges gold bangles inside a jewellery showroom on the occasion

By Asha Sistla, Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Physical bullion demand was steady in Singapore this week as investors sought cover from economic uncertainties due to the coronavirus, while activity wound down in top hub China ahead of a public holiday. FILE PHOTO: A salesman arranges gold bangles inside a jewellery showroom on the occasion

By Asha Sistla, Rajendra Jadhav * Key Indian gold shopping for competition did not revive gold demand * China’s jewelry consumption slumped 65% in Q1- WGC * China and Hong Kong closed for Labour Day vacation * Benchmark spot gold costs on observe for worst week in six BENGALURU/MUMBAI, Might 1 (Reuters) – Bodily bullion

By Arpan Varghese, Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Physical gold demand in China continued to be in the doldrums this week as the coronavirus-led restrictions stalled activity, with dealers in the top consumer offering massive discounts. FILE PHOTO: A salesperson arranges 24K gold bracelets for Chinese weddings at Chow Tai Fook Jewellery store in Hong

By Arpan Varghese, Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Bodily gold demand in China continued to be within the doldrums this week because the coronavirus-led restrictions stalled exercise, with sellers within the high client providing large reductions. FILE PHOTO: A salesman arranges 24K gold bracelets for Chinese language weddings at Chow Tai Fook Jewelry retailer in

Precious metals investors had an excellent 2019, with gold, silver, platinum and palladium seeing sustained growth over a 12-month period. Gold eclipsed the critical resistance barrier of $1,500 per ounce in September. Other metals saw even more impressive growth, but none more than palladium, the most valuable of the four major precious metals. Palladium, a lustrous

By Sumita Layek and Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Physical demand for gold jumped this week in Singapore as buyers took advantage of a recent slide in prices after investors dumped the metal to raise cash, while discounts in India narrowed despite closures due to the coronavirus outbreak. In Singapore, premiums rose to $0.70-$0.80 an

By Sumita Layek and Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Physical demand for gold jumped this week in Singapore as buyers took advantage of a recent slide in prices after investors dumped the metal to raise cash, while discounts in India narrowed despite closures due to the coronavirus outbreak. In Singapore, premiums rose to $0.70-$0.80 an

By Sumita Layek and Rajendra Jadhav BENGALURU/MUMBAI (Reuters) – Physical demand for gold jumped this week in Singapore as buyers took advantage of a recent slide in prices after investors dumped the metal to raise cash, while discounts in India narrowed despite closures due to the coronavirus outbreak. In Singapore, premiums rose to $0.70-$0.80 an

By Sumita Layek, Rajendra Jadhav * India discounts drop to $6/oz from $33 last week * India jewellery shops to stay closed next week -dealer * Bangladesh Jewellers Association cuts gold prices BENGALURU/MUMBAI, March 20 (Reuters) – Physical demand for gold jumped this week in Singapore as buyers took advantage of a recent slide in

Gold was one of the highest-performing investments in 2019. The precious metal started the year at US$1,286 per ounce and ended it at $1,525 — about an 18.5% gain in a 12-month span. Although gold’s run cooled down in the last quarter of 2019, there’s plenty of cause for optimism for gold investors in 2020.

LONDON (BLOOMBERG) – It is five times more costly than gold and shocked investors by reaching US$8,200 per ounce last week. Rhodium – mainly used in autocatalysts for cars and five times more costly than gold – surged 32 per cent already this month and 225 per cent year on year, touching the highest since

The nature of the probe is unclear, and the Monetary Authority of Singapore did not accuse the firm of any wrongdoing.  Scrutiny of the precious metals trading unit at J.P. Morgan, one of the world’s largest gold brokerages, has spread to Singapore, according to a «Reuters» report, which cited three unnamed sources. In the U.S.,

The nature of the probe is unclear, and the Monetary Authority of Singapore did not accuse the firm of any wrongdoing.  Scrutiny of the precious metals trading unit at J.P. Morgan, one of the world’s largest gold brokerages, has spread to Singapore, according to a «Reuters» report, which cited three unnamed sources. In the U.S.,

NEW YORK/LONDON/SINGAPORE (Reuters) – Regulatory scrutiny of precious metals trading at JPMorgan Chase & Co., one of the world’s largest gold brokerages, has expanded to Singapore and ensnared two more bank employees, according to people familiar with the situation. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters

NEW YORK/LONDON/SINGAPORE (Reuters) – Regulatory scrutiny of treasured metals buying and selling at JPMorgan Chase & Co., one of many world’s largest gold brokerages, has expanded to Singapore and ensnared two extra financial institution workers, based on individuals accustomed to the state of affairs. FILE PHOTO: A view of the outside of the JP Morgan

This year’s rally in the gold price – a 24% rise between January and August when it touched $1,550 an ounce (oz)  –  vindicated BNP Paribas’s (BNPP) commitment to its commodity trading operation in China. In October, it was awarded a licence to join the main board of the Shanghai Gold Exchange (SGE) – the