Singapore is considered the fourth-largest global financial center and the new Eldorado of private banking. This City-State has become a magnet for Asians who want to store their assets safely.
The world’s two largest gold consumers are India and China. Singapore is located between them, making it ideal for storage. An almost non-existent crime rate, a stable power, a very modern harbor and a very busy airport make Singapore a safe and discreet platform.
Opened in 2010, the Singapore vault is located at the Singapore FreePort complex, adjacent to Changi International Airport. It demonstrates that Singapore is doing all it can to profit from the movement of the gold market toward the East.