In Singapore, a surge in gold sales is taking place as global ... Wealthy individuals are purchasing millions of dollars worth of physical gold, with demand for gold bars and coins rising 35% ...

The gold-coloured LKY100 coin is minted in aluminium bronze. PHOTO: MAS.gov.sg PUBLISHED ON May 15, 2023 2:29 AM May 15, 2023 2:29 AM ...

THE OTHER SIDE OF THE COIN. In the bowels of the Singapore Mint, thousands of blanks, often made of gold or silver, are prepared for stamping by workers at the coalface.

SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024. They led the growth in demand in the Asean region, with 6.5 tonnes of gold bars and coins purchased. This ...

According to the World Gold Council, demand for gold coins and bars increased by 27 percent year-on-year in the first quarter of 2024. The product is similar to gold beans popular in China.

Overall gold demand. Global gold investment demand, comprising both gold-backed exchange-traded funds (ETFs), as well as bars and coins surged 170 per cent year on year to 551.9 tonnes.

The gold-coloured LKY100 coin is minted in aluminium bronze. It has a diameter of 30mm, ... The other side of the coin has Singapore's coat of arms.

Gold dealers in Singapore have reported a surge in sales of gold bars and coins this year as global economic uncertainty spurred a rush for safe-haven assets. Gregor Gregersen, founder of The Reserve, ...