Read MoreNew savings scheme to tap into gold, precious metals
Retail investors seeking to diversify into precious metals now have another option with the launch of the GSC Savings Accumulation Program for physical gold, silver and platinum in Singapore by GoldSilver Central, a Singapore-registered company that specialises in physical bullion trading.
Read MoreAsian markets' direction in new Trump era: Key questions answered
Bullion dealer GoldSilver Central noted a 30 per cent increase in enquiries about the yellow metal on Wednesday. On the back of Trump’s win, managing director Brian Lan expects gold prices to rally further and possibly test a high of US$1,375 set earlier this year due to Brexit.
Read MoreNew options for investors to buy gold amid safe haven demand
Meanwhile, bullion dealer GoldSilver Central has rolled out an electronic trading platform for physically-backed gold, silver and platinum. A key feature of the new system, which runs on forex trading platform MetaTrader 4 and went live on Jul 29, is its ability to allow investors to trade beyond Asian trading hours.
Read MoreGoldSilver Central launches e-trading platform for physically-backed bullion
IN a move that would further boost retail investment options in precious metals in Singapore, local bullion dealer GoldSilver Central has launched an electronic trading platform for physically-backed gold, silver and platinum.