The Monetary Authority of Singapore has launched a gold vaulting service for foreign central banks. The national vault can hold up to 500 tonnes of gold. The initiative reflects expectations that central banks will continue buying gold, with purchases remaining strong this year despite falling gold prices.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
