In Bullion World's October 2026 issue, SBMA's Margaret Wong reflects on how the 9th Asia-Pacific Precious Metals Conference (APPMC), held in Singapore from June 14–16, 2026, marked a turning point for Singapore's bullion ambitions. The piece argues Singapore's goal is not to displace London or New York but to complement them — connecting Asia's substantial physical demand with global markets during Asian trading hours, backed by infrastructure including an over-the-counter gold clearing and settlement framework. Deputy Prime Minister Gan Kim Yong outlined initiatives aimed at strengthening Singapore's role in the international precious metals ecosystem.