Infrastructure Key to Ensuring Fairness and Transparency – APPMC By SBMA 22 June 2017 PDF FILE The gold market is shifting from West to East – fabrication demand in 1989 and 2016 were roughly equal, but its regional distribution has changed markedly, with East Asia being the main destination for precious metals exports – reflecting…
Fintech, Blockchain Technology to Open Market Access, Provide Transparency, Though Many Still Cautious By SBMA 23 June 2017 PDF FILE Rapid developments are taking place in the commodities space, ranging from blockchain to cryptocurrency, which are extremely important in driving the market’s next stage of development. The discussion on fintech at the Asia Pacific…
London Metal Exchange Joins Singapore Bullion Market Association 12 July 2017 PDF FILE SINGAPORE: 12 JULY 2017 – The London Metal Exchange (LME) has joined Singapore Bullion Market Association (SBMA) as a Foreign Associate Corporate Member. The LME is the futures exchange with the world’s largest market in options and futures contracts on base and…
APPMC 2017 – Documentary 25 July 2017
Laos’ Gold Market 31 July 2017 PDF FILE Introduction Laos is a landlocked lower-middle income economy bordering Cambodia, China, Vietnam, Myanmar and Thailand with a population of around 9 million. It is one of the fastest growing countries in the region, with an average annual GDP growth of 7% in the past decade – this…
Myanmar’s Gold Market 2 June 2017 PDF FILE Like many Asian countries, gold is a popular investment and used as a store of wealth in Myanmar, particularly as a slowdown in other areas of the economy, including the property market, are pushing local investors to invest in gold. The gold market in Myanmar is very…
Philippines’ Gold Market 1 June 2017 PDF FILE Introduction Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is the only agency that purchases and exports gold from miners in the country. In addition, BSP is an LBMA accredited gold refiner, and also holds 196 tonnes of gold in its reserves, which represents…
LBMA Launches Global Precious Metals Code 25 May 2017 LEARN MORE The LBMA is pleased to announce the launch of the Global Precious Metals Code. This first issuance of a stand-alone code of conduct for the wholesale precious metals market represents an important step in market development. The Code is intended to define a robust,…
Thailand’s Gold Market 18 May 2017 PDF FILE Introduction Physical gold is a popular asset in Asia, and this is no different in Thailand, the continent’s third-largest gold market after India and China. Locals use physical gold as an investment and as well as ornament, and the metal is a popular gift for newborns and…
Malaysia’s Gold Market 16 May 2017 PDF FILE Introduction Like many other Asians, Malaysians are familiar with using gold as a store of wealth, as a currency hedge, or for gifts for cultural or religious ceremonies such as weddings, festivals and other special occasions. Additionally, dinar coins are well-received by Malaysians as a form savings…