Gold pricing in Singapore reflects the global LBMA benchmark plus local currency conversion, premiums, and tax implications. For Singapore-based institutional investors, LCORE offers an alternative to local gold markets: allocated physical storage in Abu Dhabi's pre-customs zone under ADGM English Common Law. Zero UAE duty, Lloyd's $250M insurance, ADGM Reg. 28158. Minimum allocation: $5M.
Request ConsultationThe international gold spot price (XAU/USD) converted to SGD reflects the USD/FX rate at any given moment. Singapore gold price in sgd. LCORE provides institutional gold storage in Abu Dhabi with SGD settlement capability for counterparties from Singapore.
For institutional holders in Singapore, Abu Dhabi offers structural advantages: zero UAE capital gains tax (vs Singapore local tax), zero import duty in pre-customs zone, ADGM English Law title protection, and DVP settlement infrastructure for commodity transactions.
UAE has no capital gains tax on gold. No annual wealth tax. No VAT on investment-grade bullion. Structural advantage for Singapore investors vs home-jurisdiction holding.
LCORE can facilitate commodity settlement in SGD via gold DVP mechanism. No mandatory USD clearing for Singapore counterparties.
ADGM applies English Common Law. Warehouse Receipt is enforceable internationally. Singapore counterparties can rely on familiar legal framework.
Confidential. Min $5M. ADGM Reg. 28158.