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The Monetary Authority of Singapore is actively managing its gold reserves, buying to accumulate and selling to defend its currency and manage budget deficits.

1 report, 1 independent Updated Jul 3
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The Monetary Authority of Singapore is actively managing its gold reserves, buying to accumulate and selling to defend its currency and manage budget deficits.

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  1. Singapore has resumed gold purchases, while Poland increased its gold reserves, both amid outflows from Bitcoin ETFs.Sub-event
  2. MAS buys and sells gold to manage reserves, defend currency, and handle budget/war costs.1 source

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