10 Jun '13, 3am

#OpenFollow Deutsche Bank Opens Singapore Gold Vault That Can Hold 200 Tons - Bloomberg #Singapore

Deutsche Bank AG started a gold storage facility at the Singapore FreePort with a capacity to hold as much as 200 metric tons, its largest vault outside London, the bank said. Other locations are Zurich and Hong Kong, according to the bank, Germany ’s top lender. The Singapore vault caters primarily for investors wanting to store bullion under the bank’s custody, said Mark Smallwood, head of wealth planning at the asset and wealth management unit in the Asia-Pacific region. Gold sank into a bear market in April, after rallying for 12 years, as an improving U.S. economy spurred a rally in equities amid speculation the Federal Reserve may taper stimulus. While investors have withdrawn assets from exchange-traded products at a record pace this year, the 18 percent slump in prices has prompted a buying frenzy for coins, bars and jewelry from Hong Kong to Mumbai. “We have stron...

Full article: http://www.bloomberg.com/news/2013-06-10/deutsche-bank-op...

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Deutsche Bank Opens a Singapore Gold Vault

online.wsj.com 09 Jun '13, 10pm

SINGAPORE—Deutsche Bank AG is opening a vault in Singapore that can hold $9 billion of gold, as it hopes to tap rising dem...

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mining.com 10 Jun '13, 10am

Deutsche Bank’s customers will now be able to store physical gold at the bank's new vault in Singapore that can hold up to...

Deutsche Bank to open 200-tonne gold storage fa...

reuters.com 10 Jun '13, 1am

SINGAPORE, June 10 | Sun Jun 9, 2013 9:34pm EDT SINGAPORE, June 10 (Reuters) - Deutsche Bank is opening a gold storage vau...

Deutsche Bank to open 200-tonne gold storage vault in Singapore via @Telegraph

Deutsche Bank to open 200-tonne gold storage va...

telegraph.co.uk 10 Jun '13, 4pm

Gold prices are near a two-year low and down 17pc for the year, after 12 straight years of annual gains. A sell-off in Apr...

The high-security, high-concept vault where Deutsche Bank will store $9 billion of gold

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QZ.com 10 Jun '13, 10am

The high-security, high-concept vault where Deutsche Bank will store $9 billion of gold By Zachary M. Seward — June 9, 201...

#DeutscheBank to open 200-tonne #gold storage f...

in.news.yahoo.com 10 Jun '13, 5am

SINGAPORE (Reuters) - Deutsche Bank is opening a gold storage vault in Singapore that can hold up to 200 tonnes of the met...

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cnbc.com 12 Jun '13, 7am

A step in that direction came this week when Deutsche Bank opened its second-largest gold storage facility in the world in...

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news.mongabay.com 10 Jun '13, 6pm

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