Singapore Opens a 500-Ton Gold Vault for Central Banks. Are They Still Buying?

The Monetary Authority of Singapore (MAS) has launched a gold vaulting service for foreign central banks. The national currency vault can hold up to 500 tonnes. The launch is a bet that central banks will keep buying gold. Their purchases have held up this year, even as gold prices fell. Why Singapore Built a Gold The post Singapore Opens a 500-Ton Gold Vault for Central Banks. Are They Still Buying? appeared first on BeInCrypto.