Singapore Kilobar Gold Contract
At the 2014 London Bullion Market Association (LBMA) Bullion Market Forum, Mr Lim Hng Kiang, Minister for Trade and Industry, announced a new exchange-traded Singapore Kilobar Gold Contract. This is the first wholesale 25 kilobar gold contract to be offered globally, and is expected to go ‘live’ as early as September 2014. The Contract will introduce centralised trading and clearing of a physically-delivered gold contract in Singapore. With this Contract, global suppliers of gold are able to connect more effectively with their Asian clientele. The Contract comprises a series of six daily contracts, which will give physical users access to competitively-priced kilobars.
Learn more about Singapore's Kilobar Gold Contract