Singapore Looks to Host Central-Bank Gold Reserves to Boost Hub

Singapore is planning to expand its gold-storage capacity to become a custodian of bullion held by foreign central banks, part of a broader push by the city-state to compete with...

By Chanyaporn Chanjaroen, Yihui Xie, Joyce Koh · Bloomberg Markets

Singapore is planning to expand its gold-storage capacity to become a custodian of bullion held by foreign central banks, part of a broader push by the city-state to compete with Hong Kong as a regional hub for the precious metal.