Thursday, August 2, 2012

Hong Kong's largest bullion vault reflects increased demand for gold in Asia

SINGAPORE: Hong Kong's largest gold-storage facility, which can hold about 22% of the bullion now in Fort Knox in the US, will open in September to meet rising demand from banks and the wealthy, according to owner Malca-Amit Global.
The facility, located on the ground floor of a building within the international airport compound , has capacity for 1,000 tonne, said Joshua Rotbart, general manager for the Hong Kong based company's Malca-Amit Precious Metals unit.

No comments:

Post a Comment