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  • How Much Gold Did Singapore Buy in 2023?

    The World Gold Council (WCG) hailed 2023 as “another year of blistering central bank buying” of gold. Sovereign gold purchases through their central banks were at 1,037 metric tons, a mere 45 metric tons short of the 2022 record. So, how much gold did Singapore buy in 2023?

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  • Top 5 Countries That Were Net Buyers of Gold in 2023

    In 2022, global central banks set a historic record with their largest annual gold acquisition, an impressive 1,083 metric tons of the precious metal.

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  • Foreigners Deposited $1.8 Trillion in Deposits with Singapore Banks

    As of 3Q 2023, Singapore has an external debt of USD $1.82 trillion, confirmed by the Department of Statistics Singapore. For a country with a total land area of 734.3 square kilometers, about 0.9 times New York City’s size, such a high amount of external debt must surely be disconcerting.

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  • Willem Middelkoop: Resurgence of Gold in the World’s Monetary System

    Gold is gaining prominence in the global monetary system, says Willem Middlekoop, founder of Dutch-based Commodity Discover Fund, in a January 2024 Bullion World article. Calling gold’s rise “an unobtrusive yet profound shift”, Middlelkoop believes the change in gold’s status in the monetary system is due to several recent developments.

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  • Understanding Exter's Pyramid and Gold's Pivotal Role in Global Finance

    In global finance, few concepts have captured money flow quite like Exter's Pyramid. Created by John Exter, this pyramid illustrates the hierarchy and vulnerability of different asset classes in times of financial distress, and emphasizing gold's timeless significance in a world brimming with digital and ephemeral assets.

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  • Triffin Dilemma: The Curse of Reserve Currencies?

    Have you ever wondered why the United States dollar plays such a pivotal role in the world economy despite the country being heavily in debt? In this article, we explore the origins of the Triffin Dilemma, the dual nature of reserve currencies with regard to domestic and international demands, and possible solutions to the dilemma in the future. 

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  • How Silver is Formed

    One of the world's oldest forms of money, silver’s unique properties have made it an indispensable part of our everyday lives. But how is silver formed? This article looks at how silver is formed in nature, where it is found, and how it is then refined to meet the multiple ways it is used today.

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  • Platinum: Facts about this Extremely Rare Metal that Might Surprise You

    Of all precious metals on Earth, platinum is arguably the one that has the most range of applications. It is used in semiconductors, glass-making, jewelry, and is indispensable in catalytic conductors. This article takes you through the history of platinum, and covers some lesser-known facts about this metal.

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  • Conflict in Israel leads to gains in Gold and Silver, safe-haven assets

    Prices of traditional safe-haven assets have seen a bump as markets opened this week, with gold posting a sharp increase in the market due to the Middle East conflict.

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  • How China's gold buying spree affects us all

    China has been in the news recently, as the country fights to bolster a lacklustre economy. Policymakers have taken to buying gold, and it appears many of their citizens are doing the same. Read on to see how record demand in China is affecting the global gold market.

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