Singapore central bank lifts gold holdings by 30%
The Monetary Authority of Singapore's increased holdings follows a banner year for central banks buying the precious metal globally.
![Singapore central bank lifts gold holdings by 30%](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2Fgold%20bars.jpg&c=1&h=677&q=100&v=20250110&w=1204)
The Monetary Authority of Singapore has raised its gold reserves by close to 30% since the start of this year, making it only the second time the central bank has increased gold holdings in the past few years.
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