[Singapore Reportedly Considering Feasibility of Developing into a Physical Gold Trading Hub] According to Zhitong Finance, the Monetary Authority of Singapore has held discussions with several financial institutions, including major gold market makers UBS and JPMorgan, to evaluate the feasibility of developing Singapore into a physical gold trading hub. Sources familiar with the matter revealed that Singapore aims to become a hub for gold trading and storage, with support from the central bank and family offices. The Singapore Exchange is also assessing market demand for new gold contracts. The related plans are still in the preliminary stages and may be subject to adjustments in the future.