Physical gold contract to be launched on SGX in September.

[MrLibertad]

"SINGAPORE: The world's first exchange-traded, wholesale kilo gold contract will be created for the trade, clearing and physical delivery of the precious metal in Singapore, Minister for Trade and Industry Lim Hng Kiang announced on Wednesday (June 25)."

http://www.channelnewsasia.com/news/singapore/physical-gold-contract-to/1204244.html