70% of Gold Demand Is Asian — Singapore Moves to End London’s Grip

Singapore has launched a coordinated push to become Asia’s anchor for gold trading, with six of the world’s biggest banks backing a new clearing system for physical gold stored on the island. The announcement puts it in direct competition with Hong Kong, which is already targeting a July launch for its own gold clearing system. The post 70% of Gold Demand Is Asian — Singapore Moves to End London’s Grip appeared first on BeInCrypto.