, Singapore
334 views
Photo by Pixabay via Pexels.

Singapore’s gold reserves fall by 7.74 tonnes in Q2

Each Singaporean would theoretically hold 12 gold coins.

Singapore's gold reserves dropped to 228.86 tonnes in the second quarter of 2024, a decrease of 7.74 tonnes from the previous quarter, according to a report by BestBrokers.

This follows a previous increase in the first quarter of 2024, when reserves reached 236.6 tonnes, up from 230.04 tonnes in the last quarter of 2023.

Citing World Gold Council data, BestBrokers noted that if Singapore’s gold reserves were distributed equally amongst its citizens, each individual would theoretically hold 12 gold coins.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!