DBS to Launch 1-Gram Gold Tokens for Singapore Retail Clients in H2 2026

3 articles · Updated · Reuters · Jun 11

DBS said its tokenised physical gold product will reach Singapore retail customers in the second half of 2026 through the digibank app, marking what it called the country's first single-platform retail access to buy, hold and trade such tokens.
Each token will be backed by 1 gram of gold stored in a dedicated DBS vault in Singapore, with customers able to buy smaller amounts, trade 24/7 and redeem tokens for physical metal.
DBS is rolling out the product as gold demand stays strong: the metal hit a record $5,600 an ounce this year before sliding to $4,111.95 on Wednesday, down 27% from the peak.
The bank said physical gold holdings among its wealth clients have more than doubled in three years and added it is exploring a listing of the token on DBS Digital Exchange for accredited and institutional investors.