Singapore Bullion Market Association



SBMA hopes that our members and friends have had a good start to 2023. We would also like to thank our contributors and sponsors for their continued support over the past year, and we’re looking forward to our continued partnership in 2023.

Here is an update of SBMA’s activities in the past quarter:

9 January 2023

Together with the World Gold Council, SBMA organised the first “World Gold Council & SBMA Academy” – a pilot and specialised programme that aims to train the next generation of the precious metals industry.

13 January 2023

Following the monthly Management Committee meeting, SBMA committee members gathered for a networking event held in appreciation of Martin Huxley. Huxley served as the SBMA’s chairman from 2017 to 2021 and as vice-chairman from 2022 until February 2023, and the event was held to recognize his dedicated service to the Association.

From left, SBMA chairman KL Yap, committee member Dawn Chen of MTS Gold Group, former vice-chairman Martin Huxley, current vice-chairman Vinh Nguyen, committee member Golf Hirunyasiri of MTS Gold Group.
8-9 FEBRUARY 2023

SBMA facilitated meetings between aXedras Group AG and key stakeholders in the bullion industry, including refiners, traders, banks, vaulting providers, and technology companies. These meetings aimed to explore opportunities for improving efficiency and enhancing integrity within the industry.

27 FEBRUARY – 2 MARCH 2023

SBMA hosted a group of delegates from Indonesia with a closed-door training programme and various meetings with different member companies.


Martin Huxley, former global head of StoneX Group’s precious metal business and SBMA chairman from 2017-2021, and vice-chairman from 2022 until his departure from StoneX in February 2023, has been appointed SBMA honorary advisor.


D’Exchange Pte Ltd, KGI Securities (Singapore) Pte Ltd and Modern Asia Environmental Holdings Pte Ltd were onboarded as Local Associate Corporate members, and PT Brinks Solutions Indonesia, PT J Resources Asia Pasifik Tbk and PT Simba Jaya Utama were onboarded as Foreign Associate Corporate members in this quarter.

SBMA’s total corporate membership consists of 66 companies.


4–6 June 2023. Singapore

Asia Pacific Precious Metals Conference 2023

The annual APPMC, organised by the SBMA and supported by Enterprise Singapore, is set on 4-6 June 2023 in Singapore. Registration is now open, and we hope to see you there!

More information, updates and details of past conferences are available at:

15–17 October 2023. Barcelona, Spain

LBMA/LPPM Global Precious Metals Conference 2023

The 23rd LBMA/LPPM Global Precious Metals Conference will be held in the cosmopolitan capital of Spain’s Catalonia region. 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.

Visit for registration and event details.