Asia's Gold Rush: Banks Flood Market with Safe-Haven Products

Asian banks have increased their gold product offerings in recent months due to growing demand from consumers and central banks. The number of gold-focused banking products has risen significantly since January 2026, according to available data.

Singapore's DBS bank has introduced fractionalized gold trading through its retail app, allowing customers to purchase tokens backed by one gramme of physical gold.

This development follows a trend in Asia towards increasing demand for safe-haven assets and local clearing. The growing interest in gold is driven by concerns over economic uncertainty and market volatility.