http://www.bloomberg.com/news/2013-07-28/silver-vault-for-200-tons-starts-in-singapore-as-wealthy-buy.html
A silver vault that can hold 200
metric tons opens in Singapore this week to cater for increasing
demand for physical precious metals among Asia’s wealthy even as
the commodity leads declines this year.
The new facility is 30 percent booked at the opening, said
Joshua Rotbart, precious-metals general manager at owner Malca-Amit Global Ltd. The storage will add to the firm’s five vaults
at the Singapore FreePort, which are fully reserved for gold, he
said in an interview. The repository can hold $128 million of
silver at today’s prices. Gold is about 67 times more expensive.
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