Singapore is set to lead the gold market as ‘center of gravity’ shifts east, World Gold


Gold bars

Ktsdesign | Science Photo Library

SINGAPORE Singapore is set to become a leading gold hub as trading shifts east, according to the World Gold Council.

One key reason is that gold consumption in major emerging economies is rising, and a majority of these markets are concentrated in Asia, said Shaokai Fan, head of Asia-Pacific and global head of central banks.



Read More: Singapore is set to lead the gold market as ‘center of gravity’ shifts east, World Gold

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