bullion@bullionsingapore.com

Demand dips in China, Japan India spent a record $55.7 billion on gold imports in 2021 Singapore sentiment improves, outlook positive – dealer Jan 7 (Reuters) – An uptick in retail appetite for physical gold prompted dealers in India to charge premiums this week, although new coronavirus restrictions slowed activity, while upcoming Lunar New Year […]

The neobank will offer its Commodities wealth product to customers here.  Revolut’s customers in Singapore will be able to access gold and silver exposure directly through its app from the first half of 2022, according to an announcement on Wednesday. Purchases are backed by real, physical gold or silver, held securely with a trusted precious

The neobank will offer its Commodities wealth product to customers here.  Revolut’s customers in Singapore will be able to access gold and silver exposure directly through its app from the first half of 2022, according to an announcement on Wednesday. Purchases are backed by real, physical gold or silver, held securely with a trusted precious

Revolut has announced it will offer its Commodities wealth product to customers there.  Revolut’s customers in Singapore will be able to access gold and silver exposure directly through its app from the first half of 2022. Purchases are backed by real, physical gold or silver, held securely with a trusted precious metals services partner. Users will also

We sure hope Elon Musk today is paying attention to what Elon Musk a month ago was saying. That’s because about a month after suggesting that a global recession could force SpaceX into bankruptcy, Musk has predicted that the next severe global recession could be on its way soon.  Responding to a Tweet about there being 936 startups valued

[Click here for an interactive chart of gold prices] Still, bullion is heading for its first annual loss in three years as central banks dial back pandemic-era stimulus to contain inflation. Gold’s gains were also limited by the recent recovery in US equities. The S&P 500 notched its 69th record close of 2021 on Monday, suggesting

[Click here for an interactive chart of gold prices] Still, bullion is heading for its first annual loss in three years as central banks dial back pandemic-era stimulus to contain inflation. Gold’s gains were also limited by the recent recovery in US equities. The S&P 500 notched its 69th record close of 2021 on Monday, suggesting

Physical gold demand was mixed in top Asian hubs this week, with overall activity subdued going into Christmas and the new year, although the upcoming holidays prompted some consumers in Singapore to pick up bullion for gifting. While the market has quietened, there’s been quite a bit of a retail buying this week into year-end,

December 24, 2021 Doug Kass 2022 Surprises   * Another Trump/Clinton Presidential race seems more and more doubtless in 2024 – But it is not the Trump you assume! * “Slugflation” (sluggish progress and stubbornly excessive inflation) turns into a generally used time period to explain the worldwide financial system subsequent 12 months * The

Indian jewellers cautious due to rising virus cases – dealer China premiums unchanged at $6-$9 an ounce Inflation, political concerns to spark demand next year- dealer Dec 23 (Reuters) – Physical gold demand was mixed in top Asian hubs this week, with overall activity subdued going into Christmas and the new year, although the upcoming

Indian jewellers cautious due to rising virus cases – dealer China premiums unchanged at $6-$9 an ounce Inflation, political concerns to spark demand next year- dealer Dec 23 (Reuters) – Physical gold demand was mixed in top Asian hubs this week, with overall activity subdued going into Christmas and the new year, although the upcoming

Hyderabad: Depite the World Health Organisation (WHO) description of the Omicron phenomenon as ‘mild’, both the USA and Europe have been in the grip of panic. Following this global trends in precious metals have been adversely impacted. Consequently, New York gold closed at US $ 1,798.70 (per Ounce) while silver closed at $ 22.35 (per

Register now for FREE unlimited access to Reuters.com Register India’s wedding season demand far better than last year- dealer China premiums at $6-$9/oz Dec 17 (Reuters) – Physical gold demand in India showed a modest improvement this week as some buyers rushed to stores anticipating a further rise in domestic prices, while customers in other

The gold price is gaining bearish momentum as recently re-appointed Fed Chairman Jerome Powell turned from a fiscal dove, to a hawk during testimony in Congress this week. And with concerns easing on Thursday about the risk posed by the newly discovered Omicron variant to the global economic recovery, gold selling pressure has increased.

Asteroid Nereus is a $5 billion target for future asteroid miners. getty The possibility of space mining in future was thrown into sharp relief this weekend as a Near Earth Asteroid (NEA) called 4660 Nereus passed our planet. Worth an estimated $5 billion in precious metals and measuring 330 meters across, Nereus at no point

Strong interest for silver in Singapore- dealer China premiums at $6-$9 an ounce Dec 3 (Reuters) – Physical gold demand in major Asian hubs rose this week, benefiting from a continued retreat in prices and a seasonal uptick, while Indian jewellers awaited for a further slide before stocking up. Domestic markets in China, Singapore and

Strong interest for silver in Singapore- dealer China premiums at $6-$9 an ounce Dec 3 (Reuters) – Physical gold demand in major Asian hubs rose this week, benefiting from a continued retreat in prices and a seasonal uptick, while Indian jewellers awaited for a further slide before stocking up. Domestic markets in China, Singapore and

India discounts narrow to $1/oz China premiums at $4-$5 an ounce China’s imports via Hong Kong jump 56% in October Nov 26 (Reuters) – Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India prepared for a likely spurt in buying as the wedding

Silver is the poor man’s precious metal, overshadowed by the shinier gold and being left behind by the platinum and palladium as their growing industrial use has seen demand outstrip supply and prompt price booms. Both platinum and palladium do face uncertain futures as electric vehicles of all types replace internal combustion engine (ICVs) vehicles

A new analysis found that catalytic converters make 2004-09 Toyota Prius models unlikely theft … [+] targets. Highway Loss Data Institute/Insurance Institute for Highway Safety A spike in demand for precious metals used in making catalytic converters –  emission control devices — has made Toyota Prius vehicles that are more than 10 years old unlikely

Register now for FREE unlimited access to Reuters.com Register NEW YORK, Nov 19 (Reuters) – JPMorgan Chase & Co (JPM.N) agreed to pay $60 million to settle class-action litigation by investors who accused the largest U.S. bank of intentionally manipulating prices of precious metals futures and options. The settlement disclosed on Friday stemmed from sprawling

BY THIERRY LEPANI and GORETHY KENNETH Papua New Guinea has entered into a deal to refine all its gold with a Singapore based company, despite the necessary legislation – the National Gold Corporation Bill 2021 – is yet to be deliberated by Parliament. Three weeks ago, the Government entered into an agreement with Refinery Holdings

Local gold futures closed at 49,059 rupees per 10 grams on Thursday, after rising to 49,610 rupees earlier this week – the highest level since June 3. Dealers were this week offering a discount of up to $2.5 an ounce over official domestic prices — inclusive of the 10.75% import and 3% sales levies —

A new analysis found that catalytic converters make 2004-09 Toyota Prius models unlikely theft … [+] targets. Highway Loss Data Institute/Insurance Institute for Highway Safety A spike in demand for precious metals used in making catalytic converters –  emission control devices — has made Toyota Prius vehicles that are more than 10 years old unlikely

Dubai’s commodities exchange rejected claims it doesn’t do enough to regulate its gold business, while the United Arab Emirates government announced new guidelines for trading the metal. Allegations from foreign regulators, refineries and non-governmental organizations are “lies” and “nationally-targeted insults,” the chief executive officer of the Dubai Multi Commodities Centre, Ahmed bin Sulayem, said Thursday

Logo Canadian Mining and Energy Wheaton Precious Metals stock (NYSE: WPM) has rallied 9% in just the last one week, completely outperforming the S&P 500 which was down 0.3% in a week. If you look at the change in stock price over the last ten days and one month, WPM stock has increased (13% and

Logo Canadian Mining and Energy Wheaton Precious Metals stock (NYSE: WPM) has rallied 9% in just the last one week, completely outperforming the S&P 500 which was down 0.3% in a week. If you look at the change in stock price over the last ten days and one month, WPM stock has increased (13% and

SINGAPORE – An OCBC Bank initiative to enable investors to buy and sell gold and silver has seen around $1 million worth of the precious metals traded since Oct 25, the bank said on Friday (Nov 5). Investors can now instantly set up an account to trade gold and silver in real time in quantities

SINGAPORE – An OCBC Bank initiative to enable investors to buy and sell gold and silver has seen around $1 million worth of the precious metals traded since Oct 25, the bank said on Friday (Nov 5). Investors can now instantly set up an account to trade gold and silver in real time in quantities

After silver’s climb earlier this year to the highest prices since 2013, the metal has significantly underperformed sister metal gold. With silver’s value dropping to its lowest in 14 months, some investors may see an opening to buy. “Silver presents a better opportunity than gold at the present time,” says Jeff Wright, chief investment officer

Logo wheatonpm.com Wheaton Precious Metals stock (NYSE: WPM) has dropped 13% in the last one month and now trades below $40. The decline in the stock was driven by drop in gold and silver prices. Global gold prices have dropped more than 4%, while the silver price has declined over 6% in the last month.

Pure 1,000-gram gold bars produced by South Korea’s LS-Nikko are stacked in a dealers room in Seoul … [+] on January 9, 2009. Gold prices have soared on strong demand due to the local currency’s sharp depreciation against the US dollar last year. AFP PHOTO/KIM JAE-HWAN (Photo credit should read KIM JAE-HWAN/AFP via Getty Images)

Pure 1,000-gram gold bars produced by South Korea’s LS-Nikko are stacked in a dealers room in Seoul … [+] on January 9, 2009. Gold prices have soared on strong demand due to the local currency’s sharp depreciation against the US dollar last year. AFP PHOTO/KIM JAE-HWAN (Photo credit should read KIM JAE-HWAN/AFP via Getty Images)

BNP Paribas secures the Precious metals house of the year award at the Energy Risk Asia Awards 2021 With a global commodity derivatives division of more than 100 sales, trading and structuring team members, and nearly 20 staff in Asia‑Pacific (Apac), BNP Paribas is one of very few banks that can offer financing and risk management solutions