“Singapore gold investors now have another option when it comes to stashing their gold. New Zealand’s biggest banking group, ANZ, has announced that it has opened a gold vault in the Singapore. The bank’s vault has the capacity to house 50 tons of gold. According to the bank, close to 15% of the world’s primary production, and counts among its clients central banks and sovereign wealth funds. ‘Singapore is strategically located between the world’s top two gold producers, China and Australia, as well as the world’s largest consumption markets,’ said ANZ co-head of fixed income, currencies and commodities, Eddie Listorti.”
http://www.scrapregister.com/news/1316/anz-opens-gold-vault-in-singapore
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