It is worth noting that retail customers will be able to access the DBS Physical Gold Tokens through the DBS digibank later in 2026, the bank said in an announcement on 11 June 2026.
DBS is also considering the option to list the token on DBS Digital Exchange – DDEx. There will be more details which will be announced in due course, it said. DBS will fully tokenise, issue, distribute, and oversee the physical gold tokens in-house. Each token represents one gram, i.e., ~S$200 of physical gold held by DBS in an exclusive vault in Singapore.
This is said to be the first in Singapore to allow customers to electronically access,
hold as well as exchange DBS Physical Gold Tokens on a single platform.
DBS has been offering physical gold investments to its wealth clients since the beginning of 2013. Previously, access to physical gold was largely restricted to institutional and accredited investors.
Earlier in 2026, gold prices hit a record $5,600 an ounce in 2026, DBS said.
According to group head, investment product and advisory at DBS, James Tan, “Gold as an asset class has taken off in recent years, demonstrating its enduring value as a safe haven and a critical diversifier in uncertain times.”