MarketOctober 07, 2026Day Two Session Spotlight: Connecting MarketsOn day two of the LBMA/LPPM Global Precious Metals Conference we were delighted to welcome Christopher Hui, Secretary for Financial S

AI desk brief

Hong Kong and Singapore are accelerating efforts to build out Asia’s bullion-market infrastructure, with Hong Kong’s new central clearing and settlement system already in trial operation since July 2026 and supporting deposit, withdrawal, clearing and settlement for LBMA Good Delivery metal. Singapore is also expanding its role as a regional bullion hub, with plans discussed around sovereign vaulting, OTC clearing, additional liquidity providers, derivatives and potentially ETFs to link Asian demand with London and US markets rather than replace them.

The piece is more strategic than price-sensitive, but it reinforces the long-term importance of Asia in global precious-metals flows and the need for interoperable standards, storage and settlement links across market centers. ICE Benchmark Administration is also reviewing whether an Asian-hours benchmark is needed, underscoring the push for deeper regional price discovery.