On Mind Your Business, Ryan Huang finds out from Victor Foo, Chief Executive Officer & Founder, Singapore Precious Metals Exchange (SGPMX) how do we own gold today, where do we store it, how do we trade it, and how do we decipher the authenticity of gold?
Read"Investors looking for a hedge against inflation are turning to gold, although prices of the precious metal have fallen this year as overall demand declines."
Read"We can judge on appearance and weight, but neither tells you how much gold there is until you use X-ray scanners or get a refinery to extract the precious metal."
Read"Until someone develops an affordable, portable gold scanner – they cost tens of thousands of dollars each now – you should buy gold only from reputable sources because even 99.99 gold bars that come with serial numbers can be tampered with."
Read"A check by Invest shows that the Singapore Precious Metals Exchange (SGPMX) has one of the lowest fees for transactions involving pure gold because it operates an online global exchange that allows both big and small investors to trade with one another."
ReadOn Prime Time, Rachel Kelly and Timothy Go spoke to Victor Foo, CEO and Co-Founder of SGPMX who shared more on the world's first 100 percent physically-backed precious metals exchange, and how investors can get involved.
ReadCustomers of Stacker Market™ will be able to trade their fully insured and segregated physical bullion holdings in denominations of $0.01 USD.
ReadSGPMX has teamed up with Scottsdale Mint to officially launch its Stacker Market™ platform.
ReadThree companies speak about powering through a pandemic to achieve their first E50 wins.
Read“Blockchain-based digital asset exchange SDAX has signed a memorandum of understanding (MOU) with physical bullion-backed precious metals exchange SGPMX to deliver more choices and new investment investment opportunities for investors.”
ReadGlenn van Zutphen speaks to Victor Foo, Founder & CEO of SGPMX about Singapore's only bullion company licensed by the Singapore Customs to operate at the (tax-free) high security bonded storage facilities in Le Freeport Singapore.
ReadYou can keep gold at a special secured facility in Changi, where a firm lets big and small investors trade in actual gold in an online global exchange. Mr Victor Foo, founding chief executive of Singapore Precious Metal Exchange shows how they tests gold and silver bars.
Read“Being in a high-security zone next to Changi Airport facilitates the direct movement of high-value cargoes between the vault and the planes.”
ReadCNA Insider discusses the safe and unsafe ways to invest in gold with three industry experts.
ReadA Singaporean company is offering consumers, via a mobile app, the ability to buy much smaller gold pieces than normal, making it more affordable.
ReadThe Singapore Precious Metals Exchange is seeking to do away with the notion trading in bullion is only for professional investors or the super-rich.
ReadDịch kim loại quý Singapore đã mở 10 văn phòng đại diện trên thế giới bao gồm ở mỹ châu âu Nhật Bản Hồng Kông Trung Quốc và tại một số nước ASEAN .
Read“Most investors are from Europe and the United States, but Foo predicts the number from Asia will increase in the coming years.”
Read“The price of an ounce of gold topped US$2,000 for the first time last month — fuelled by worries about the economic impact of the virus as well as future inflation — and Foo says sales have risen.”
ReadAn exchange is offering mom-and-pop investors an easier way to get their hands on gold.
Read“For around US$70 you can buy one gram — a wafer the size of an SD memory card — while mini-bars weighing five, ten, 50 and 100 grams are also available.”
Read“When we first started our business a decade ago, obviously we attracted the elite group, people who had money… But it’s our aspiration to be able to reach the mass market.”
ReadPrecious metal investors now have a new platform to trade with the launch of the Singapore Precious Metals Exchange. Rishaad Salamat talks to Victor Foo, Founder and Chief Executive of SGPMX about the platform.
ReadJim Sinclair, chairman of the Independent Advisory Board at the Singapore Precious Metals Exchange, explains why precious metals are an alternative to fiat currencies as the U.S. heads towards hyperinflation.
ReadExchange for physical gold clicks into place. It will allow retail customers to buy and sell bullion online.
ReadFounder and CEO of SGMPX, Victor Foo, explains how the company aims to address all the problems that comes with owning physical precious metal.
ReadWith Jim Rogers on hand to complete the first transaction, the world’s first physical precious metals exchange is opened.
ReadSGPMX aims to facilitate investors, either individuals or institutions, to buy, store and sell real physical gold to other investors.
ReadOn Channel News Asia, Dylan Loh reports on how the gold rush in Singapore has impacted SGPMX.
Read"We allow a person to buy just 1g of gold at the same price as he would if he bought 50g."
ReadOn the Breakfast Club, 938 Live interviews Richard Khoo, Executive Vice President of Singapore Precious Metals Exchange on their new bullion accumulation program.
ReadNews bulletin announcement of the global gold and silver bullion Accumulation Program by the Singapore Precious Metals Exchange.
ReadOn Moneywise, Keith De Souza talks to Victor Foo, the Chief Executive Officer of the Singapore Precious Metals Exchange and Josh Phair, the president of the Scottsdale Mint about trading with physical gold versus paper gold.
ReadSGPMX is a physically backed, peer-to-peer exchange offering a one-stop platform for bullion investors to buy, trade or store their investments.
ReadInvestors can buy as little as 1 g of gold or 10g of silver.
ReadSingapore Precious Metals Exchange (SGPMX) was set up to address the issues and challenges faced by private investors which are associated with owning precious metals, such as gold and silver.
ReadThe platform which will operate 24/7 will allow investors and traders to buy and sell physical gold for as little as US$1,000.
Read
