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Singapore to launch gold vault service for foreign central banks

World Gold brief based on reporting byReuters
Brief

Reported by Reuters: “Singapore to launch gold vault service for foreign central banks”. Gold settled at $4,115 an ounce on November 9, 2026 — $132.28 per gram, +0.97% on the day.

Why it matters

Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherReuters
Data on this topicGold price and reserves in SingaporeGold price today by currency
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