Silver Vault for 600 Tons Starting in Singapore on Demand - Bloomberg
Silver Bullion Pte, a Singapore
supplier of coins and bars to retail investors, opens a 600
metric ton vault tomorrow as investor demand increases.
The storage could hold silver worth $390 million at prices
on March 21. The company doubled sales to 1.04 million ounces in
2013 from 517,000 ounces a year earlier, said Gregor Gregersen,
who founded the company in 2009. Almost all the sales were
silver, he said in an interview in Singapore on March 18
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