المنشور

HNIW30
HNIW30
The Monetary Authority of Singapore launched a gold vaulting service for foreign central banks alongside planned tax exemptions for certain wholesale bullion services. Storage alone may not build a bullion hub, as clearing is not expected until 2027 and liquidity may depend on mobilizing vaulted gold. Late to compete for trade volume, Singapore may target institutional custody while narrowing London's lead remains uncertain.

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