Singapore-based bullion dealer, GoldSilver Central, has launched an electronic trading platform for physically-backed precious metals. The platform, which is currently in beta, allows users to buy and sell physical gold bullion, as well as other metals, such as silver, platinum, palladium, rhodium or gold. To appeal to retail investors as well as professionals, the minimum contract size has been set at 1/10 ounce for gold and platinum and five ounces for silver.
Singapore-based bullion dealer, GoldSilver Central, has launched an electronic trading platform for physically-backed precious metals. The market, which will trade 24 hours a day, differs from existing digital platforms, as it offers the option of physical delivery. To appeal to retail investors as well as professionals, the minimum contract size has been set at 1/10 ounce for gold and platinum and five ounces for silver.