Singapore Bullion Market Association

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Published on September 25, 2017

Though the inaugural Asia Pacific Precious Metal Conference (APPMC) – SBMA’s biggest event of the year – is over, we’ve been busy following up with stakeholders both within and outside the Asean region as part of the organisation’s efforts to open up regional markets, as well as to progress our agenda. Here is an update of our activities.

June 4-6

SBMA organises its inaugural Asia Pacific Precious Metal Conference with International Enterprise (IE) Singapore. The conference aims at developing and strengthening a unified body in Southeast Asia for the bullion market. See Page 14 for a summary of the event.

June 22-25

SBMA CEO Albert Cheng represents the organisation at the Hong Kong Jewellery & Gem Fair.

June 26

Following the MOU signed at APPMC, SBMA holds discussions with The Chinese Gold & Silver Exchange Society (CGSE) on how it could assist the Myanmar Federation of Mining Associations (MFMA) and CGSE’s collaboration on the development of Myanmar’s gold market.

July 10

Launch of LMEprecious, an initiative by the London Metal Exchange (LME), the World Gold Council and a group of leading industry players to introduce exchange-traded, loco London precious metals products.

July 12

LME joins SBMA as Foreign Associate Member.

July 19

CEO Albert Cheng attends the launch of LMEprecious.

LMEPrecious Launch Party in London
July 24

Executive Director Hawk Namiki and Chair of Finance Committee KL Yap attends the Local Enterprise Association Development (LEAD) forum, a key annual platform for trade associations and chambers (TACs) to network, share experiences as well as explore potential partnerships.

August 11-13

Executive Director Hawk Namiki represents the organisation at the 14th India International Gold Convention in Goa. The three-day event is a platform for the Indian bullion industry to discuss its challenges, articulate possible solutions and set an agenda for the its development.

Participants at the 14th India International Gold Convention held in Goa
August 28

SBMA holds Management Committee meeting.

September 12

LME holds inaugural Singapore Gala, welcoming 27 market from the past two years participants based in Asia, and to reflect the importance of the region for metals trading. The gala will provides a forum for discussion on the state of the precious metals market and the Asia-Pacific region, including economic analysis and debate.

September 26

SBMA holds seminar – The Role of Gold as an Asset Class for the Private Wealth Industry.

Exploratory Meetings

  • ANZ (20 June)
  • World Gold Council (3 July)
  • Copernicus Gold & London Metals
  • Exchange (5 July)
  • C. Steinweg (7 July)
  • Crédit Agricole (18 August)
  • HSBC (18 August)


Onboarding of the London Metal Exchange.

SBMA’s current membership consists of 37 companies, including three Category 1 members, six Foreign Associate Corporate members and 28 Local Associate Corporate members


15-17 October 2017. Barcelona, Spain.

LBMA/LPPM Precious Metals Conference 2017

Senior representatives from all sectors of the precious metals markets will meet in Barcelona, Spain, for the premier event in the industry, now in its 18th year. Please visit for registration and event details.

26 – 27 October 2017. Washington, DC, USA.

Silver Industrial Conference 2017

The theme of this year’s conference is “Silver’s Evolving Role in Science and Technology”.

30 – 31 October 2017. London, UK.

LME Week/LME Annual Dinner 2017

7 – 8 November 2017. Zurich, Switzerland.

2017 Precious Metals Summit Zurich

More informational on the event at

9 – 10 November 2017. Hyatt Regency. The Churchill, London.

2017 Precious Metals Summit London

More informational on the event at

9 – 10 November 2017. Melbourne, Australia.

Precious Metal Investment Symposium

SBMA is proud to be the industry partner of Symposium. Registration and details at