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Singapore is setting out new measures to strengthen its place as a trusted gold buying and selling centre for the Asia-Pacific, as curiosity in vaulting and buying and selling gold within the city-state grows.
The Financial Authority of Singapore and the Singapore Bullion Market Affiliation mentioned the main focus areas have been recognized by a Gold Market Growth Working Group shaped in January 2026, following discussions and research with business individuals in 2025.
The group will take a look at growing gold-related capital market merchandise to assist value discovery and liquidity, whereas additionally setting internationally aligned requirements for vaulting and logistics.
It’ll additionally construct a clearing system for the over-the-counter settlement of huge bar and kilobar gold trades in Singapore.
MAS can also be finding out the potential of providing vaulting providers for international central banks and sovereign entities to fulfill potential demand.
These steps are aimed toward bettering market confidence and supporting Singapore’s position as a regional gold hub alongside different main centres.
The trouble can also be meant to anchor higher-value actions in Singapore, create jobs, and strengthen the resilience and variety of the monetary sector.
The working group is co-chaired by MAS and SBMA, with steering committee members from DBS, ICBC Commonplace Financial institution, JPMorgan Chase, SGX Group, UBS, UOB and the World Gold Council.
It’s supported by technical workstreams involving a wider group of stakeholders, together with the establishments listed beneath.
The group is predicted to work out the small print of the measures over the following few months and supply updates on implementation by means of 2026.
Featured picture: Edited by Fintech Information Singapore, based mostly on picture by amankris through Freepik
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