Singapore Bullion Market Association

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Over the past quarter, the SBMA team has been preparing for 7th Asia Pacific Precious Metals Conference (APPMC)/SBMA 30th Anniversary Celebration, taking place in June. We would like to express our gratitude to our contributors and sponsors for their continued support for the APPMC, as well as their contributions to Crucible.

Here’s a quick rundown of SBMA’s recent activities:

20-22 March 2024
CEO Albert Cheng participated in the Sustainability & Responsible Sourcing Summit 2024, organised by LBMA and the World Gold Council at Hilton London Tower Bridge. The summit delved into the broader implications of responsible sourcing, moving beyond ethical sourcing to encompass the evolving sustainability landscape. He also chaired the Gold Principles Signatories Group meeting, during which several key milestones were discussed, along with the next steps.
From left: Albert Cheng, CEO, SBMA; Ruth Crowell, Chief Executive, LBMA; Paul Fisher, Chairman, LBMA; and Sakhila Mirza, Deputy Chief Executive & General Counsel, LBMA
26 March 2024
SBMA joyously celebrated and wholeheartedly supported the hosting of Metalor Singapore senior front office manager Cecilia Goh’s retirement party, honoring her esteemed tenure at the company. We extend our deepest gratitude to Cecilia for her invaluable contributions to the precious metals industry throughout the years and wish her a fulfilling and joy-filled retirement surrounded by her loved ones.
SBMA joyously celebrated
From left: Jake Cho, Vice President, Morgan Stanley; Damien Han, Senior Manager, ICBC Standard Bank Plc, Singapore Branch; Koh Mui Yan, Senior Sales Manager, ICBC Standard Bank Plc, Singapore Branch; Cecilia Goh, Former Senior Front Office Manager, Metalor Technologies (Singapore) Pte Ltd; Kazuya Naoki, Head of Metals, Asia, ICBC Standard Bank Plc, Singapore Branch; and Raul Hwang, Sales & Marketing Manager, ICBC Standard Bank Plc, Singapore Branch.
April-May 2024
With the rapid rise of Asia as the largest source of gold buying, there is a shift in market dynamics of the market, creating an opportunity for an international gold hub in Asia. SBMA, in collaboration with the World Gold Council, is actively engaging with local stakeholders to assess the feasibility of developing Singapore into an Asia Pacific hub.


8-12 July 2024. Shanghai, China

Shanghai Platinum Week 2024

Shanghai Platinum Week 2024, a premier event in the PGM industry, will take place from July 8–12 in Shanghai. It encompasses a series of events showcasing developments in the PGM market, including conferences, seminars, exhibitions, and networking opportunities. The highlight is the China PGMs Market Summit, where industry leaders present. This summit will be held on July 9 and 10, with inperson participation only.
Visit for registration and event details.
13–15 October 2024. Miami, Florida, USA

LBMA/LPPM Global Precious Metals Conference 2024

The 24th LBMA/LPPM Global Precious Metals Conference will be held at The Diplomat Hotel in Miami, Florida, USA. Register now for three days of engaging speakers, insightful panel sessions, and unparalleled networking opportunities. Don’t miss this chance to be a part of an unforgettable event.


AC Precious Metal Refinery Limited was onboarded as a Foreign Associate Corporate member this quarter.
SBMA’s total corporate membership consists of 69 member companies, including 4 Category 1 members, 38 Local Associate Corporate members, 24 Foreign Associate Corporate members, and 3 Affiliate members.


© 2024 Singapore Bullion Market Association

The information and articles provided in Crucible are intended to be a guide of a general nature and for information purposes only. They are not intended to be recommendations or advice of any sort and therefore must not be construed as such. While we try to ensure that the information contained in Crucible is accurate, SBMA, the article contributors and their organisations do not accept any liability for any mistakes, errors, or omissions for any loss or damage arising from any reliance thereon. SBMA, the article contributors and their organisations also disclaim all responsibility for any loss, injury, claim, liability, expense, or damage of any kind resulting from, arising out of, or in any way related to any errors in, omissions from, or reliance on any part of the information, views, or opinions expressed in this publication.