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SINGAPORE, Singapore, January 15, 2024 (Globe Newswire) — Silver Bullion ( www.silverbullion.com.sg ) announces a strategic partnership with the World Platinum Investment Council (WPIC) to expand its understanding of platinum. We are proud to enhance the An important investment asset among precious metals investors in Asia.
Founded in 2014 by leading platinum producers, WPIC is the global market authority for physical platinum investing, providing investors with objective and trusted market information on platinum.
This partnership with WPIC is consistent with Silver Bullion’s plans to grow investment demand in platinum and encourage clients to diversify and strengthen their investment portfolios with a wider range of precious metals. As a trusted authority on the platinum sector, WPIC’s silver bullion support is invaluable, with expert insights from our extensive platinum research knowledge base to increase awareness of the investment benefits of precious metals.
Gregor Gregersen, Chief Executive Officer of Silver Bullion, said: Like silver, platinum is a precious metal that has long been overshadowed by gold. The potential for platinum is huge and we stand ready to support WPIC’s efforts to further emphasize platinum’s role as part of your investment portfolio. ”
WPIC predicts that continued strength in automotive and industrial demand will keep the platinum market in the red over the next five years and beyond.
Commenting on the announcement, Trevor Raymond, CEO of WPIC, said: “We are proud to work with Silver Bullion to deepen investors’ understanding of platinum and to provide them with quality platinum investment products. We are pleased to be able to support our suppliers in this area.” Platinum is a remarkable metal with a strong supply and demand base as an industrial metal, as well as valuable properties that provide diversification and a store of value. It remains an essential element in reducing harmful vehicle emissions and is already a key element in unlocking the role of hydrogen in decarbonizing transport and other industries. It is increasingly being recognized as key to the emerging hydrogen economy. While platinum’s investment appeal currently lies in the market’s large deficits, in the future investors will also benefit from demand tailwinds from hydrogen. ”
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About silver bullion
Founded in 2009, Silver Bullion is one of Singapore’s largest precious metals dealers. The company specializes in asset protection, providing services such as safekeeping of precious metals, collateralization, and non-destructive testing at The Safe House, a safe deposit box located within its own building, The Reserve. With over 15,500 tonnes of storage capacity for physical assets such as precious metals, luxury watches, art, jewelry and other luxury items, The Reserve is one of the world’s largest vaults.
About the World Platinum Investment Council – WPIC®
World Platinum Investment Council Ltd. is the global market authority for physical platinum investments, established to meet the growing demand from investors for objective and reliable platinum market information. WPIC’s mission is to stimulate global investor demand for physical platinum through both actionable insights and targeted product development. WPIC was founded in 2014 by South Africa’s leading platinum producer. Members of WPIC are Anglo American Platinum, Implats, Northam Platinum, Sedibelo Platinum, and Tharisa. For more information, please visit www.platinuminvestment.com.
For media inquiries, please contact us below.
Silver Bullion Pte Ltd
Vincent Tie, Corporate Communications
Phone: +65 6100 3040
media@silverbullion.com.sg
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Gregor Gregersen, CEO of Silver Bullion
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