MAS launches gold vaulting service with 500-tonne capacity, extends GST waiver to some gold services

Singapore to launch gold vault service for foreign central banks

Up to 500 tonnes: MAS launches central bank gold vaulting ...

Foreign central banks, international financial institutions and sovereign entities can now store their gold reserves in Singapore through a new vaulting service launched by the Monetary Authority of Singapore (MAS) on Tuesday (Nov 10).It allows institutions to store gold in Singapore's national currency vault, which can hold up to 500 tonnes, with room for expansion as demand grows.MAS will also...

Singapore Launches Gold Vaulting Service for Central Banks

Singapore has launched a gold vaulting service for overseas central banks and official institutions, seeking to capitalize on global demand to diversify storage of bullion reserves.

MAS launches gold vaulting service with 500-tonne capacity, extends GST waiver to some gold services

The service aims to provide foreign central banks, international financial institutions, and sovereign entities with a secure option to hold gold reserves in Singapore. 

Singapore launches central bank gold-vaulting, extends GST waiver to wholesale activities

The Republic’s over-the-counter gold clearing system will kick-start operations in Q1 2027 Read more at The Business Times.

Singapore opens gold vault for central banks

Singapore opens national currency vault for foreign central banks to store gold reserves and expand its gold market. Read more at straitstimes.com.