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BullionStar

Torgny Persson

Torgny Persson is the founder and CEO of BullionStar. In this blog,
Torgny is sharing what's happening inside BullionStar as well as news
and research from the local and global precious metals markets.

BullionStar featured on Channel 8 News! - Torgny Persson

The price of both gold and silver has fallen substantially during the last few weeks. This has ushered in a waive of physical gold and silver buying, with very large volumes and a lot of first time customers. When the largest channel for the mandarin speaking public in Singapore, Channel 8, made a news coverage on the development, our Operations Manager Luke Chua was asked to give his take on the development.

Gold and Silver prices has fallen almost 7% since early July.
Gold and Silver prices has fallen almost 7% since early July.

Channel 8 is the leading free-to-air mandarin speaking channel in Singapore. According to statistics from 2014, the channel reaches almost half of Singapore’s adult population on a weekly basis.

Channel 8 News team is getting our Operations Manager Luke Chua ready for his interview.
Channel 8 News team is getting our Operations Manager Luke Chua ready for his interview.
Channel 8 cameraman gets a close-up of our 100 gram BullionStar gold bars minted by Argor-Heraeus.
Channel 8 cameraman gets a close-up of our 100 gram BullionStar gold bars minted by Argor-Heraeus.
Our CEO and founder Mr. Torgny Persson (right side) explains why the spot price of gold can actually fall while physical gold demand increases, as the physical market and paper market diverge.
Our CEO and founder Mr. Torgny Persson (right side) explains why the spot price of gold can actually fall while physical gold demand increases, as the physical market and paper market diverge.
The channel 8 news team is taking some close-ups of the dipslay cabinets in our unique one-stop shop.
The channel 8 news team is taking some close-ups of the dipslay cabinets in our unique one-stop shop.

This is what our operations manager Luke Chua had to say about the latest developments:

During the latest weeks we’ve seen unprecedented demand and thus longer than usual delivery times on our most popular products. We have now replenished stocks for the majority of our most popular products that are available for immediate pick up in our bullion center at 45 New Bridge Road. You can place orders online to lock in the price, and then subsequently collect your bullion in our shop, or you can just walk in and buy gold and silver bullion over the counter. Cash and carry allowed!

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