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Thursday, 5 November 2026
Markets

Singapore to Start Gold Clearing This Year in Push to Become Bullion Hub

By Chee Liang CFA4 min read

Singapore, 15 June 2026 – Singapore is moving deeper into the global bullion market with plans to begin gold clearing this year, as the city-state steps up efforts to become a major trading, storage and settlement hub for precious metals.

The Singapore Exchange is expected to establish an over-the-counter gold clearing system for Loco Singapore gold by the end of 2026, giving market participants a more structured way to clear and settle trades involving physical gold stored in Singapore.

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Author

  • Chee Liang CFA

    Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.