Singapore has recently launched its inaugural fully insured and locally stored physical gold fund. The move enhances the city-state’s prestige as an international financial center and a hub for precious metals. The LionGlobal Singapore Physical Gold Fund was…
As gold prices continue to rise, South Korean jewelry brands are increasingly leveraging lower-karat gold and alternative materials to attract younger, budget-aware customers. Market Shift to More Affordable Options The market, which has traditionally been…
The Vietnam gold bar price dropped 0.62% to VND80.5 million ($3,251.87) per tael Thursday afternoon, while bullion stayed mostly flat globally. Price has remained unchanged at VND81 million since Aug. 20. Gold ring price went up 0.06% to VND78.55 million per…
Saigon Jewelry Company gold bar price went up 0.26% to VND76.65 million ($3,113.95) per tael Wednesday morning. Gold ring price was stable at VND64.05 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices inched lower on Wednesday, as…
SJC gold price surged 1.14% to VND71 million per tael Saturday morning, affected by a jump in the global market. Gold ring price went up 0.95% to VND58.15 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices jumped more than 3% on…
SJC gold price increased 0.07% to VND67.35 million ($2,843.57) per tael Monday morning. Gold ring price downed 0.08% to VND57.05 million per tael. A tael equals 37.5 grams or 1.2 ounces. Gold prices were off three-week lows on Monday after slowing U.S. job…
The bank is the first in Asia to hold a London Metal Exchange (LME) trading membership outside of London. DBS is one of four Category 4 members on the LME, which allows it to trade and issue client contracts but doesn’t give it clearing abilities. The LME…