Singapore Bullion Market Association

Article List

Article List


By Albert Cheng, CEO, SBMA

Published on June 10, 2021

While in-person business dealing continues to be limited, the association has been busy planning ahead for eventual economic reopening. Here is an update of our activities in the past quarter:

March 19, 2021

CEO Albert Cheng provides GoldSilver Central a congratulatory message and market update for their 10th anniversary.

June 1-2, 2021

SBMA participates in the Shanghai Platinum Week co-organised by the World Platinum Investment Council.

June 16-17, 2021

SBMA organises the Virtual Asia Pacific Precious Metals Conference (APPMC), which concluded successfully with 876 delegates registered for the event.


SBMA’s total corporate membership consists of 46 companies, including three Category 1 members, 29 Local Associate Corporate members, 13 Foreign Associate Corporate members, and one Affiliate members.

SBMA is pleased to share that the World Platinum Council (WPIC) will be partnering with us on marketing initiatives. As part of the partnership, SBMA will be carrying WPIC news, reports and webinars on our website and social media platform. Readers will be able to find “Platinum Corner” in upcoming issues of Crucible as well as on our website at:

SBMA provides additional ad-hoc event management and marketing services for members who want more outreach and exposure in the precious metals industry. If you are keen to explore partnership opportunities, please contact Margaret Wong at for more information.

Platinum Corner

The World Platinum Investment Council is privileged to have organised the inaugural Shanghai Platinum Week (SPW), held with the China Material Recycling Association’ Precious Metal Industrial Committee and China Gold Association Platinum Committee, in June 2021. With similarities to London Platinum Week, the SPW aims to become an annual fixture for the platinum group metals industry in China and beyond, acting as a platform for PGM market development in all its guises, from technology to jewelry and investment.

The first ever SPW was supported by the Ministry of Mineral Resource and Energy, South Africa, the South African Embassy in Beijing, Shanghai government, major international PGM miners including Anglo American Platinum, Norilsk Nickel, Royal Bafokeng Platinum and Northam Platinum. John Metcalf, London Platinum and Palladium Market (LPPM) chairman, delivered his wishes to the event and said he expects LPPM’s involvement with SPW to grow going forward. More than 29 speeches and discussions by Chinese and international PGM firms were presented in the two-day summit, which attracted 300 delegates and 40,000 viewers online, in addition to four other corporate events during the week. BASF was the featured sponsor of the summit. For more details, please visit