Gold Bar Premiums Hit Record in Asia on Supply Constraints

SINGAPORE, May 16 (Reuters) – Premiums for gold bars rallied to all-time highs in Hong Kong and Singapore on Thursday after bullion’s steepest drop since its April sell-off fuelled another round of buying, constricting supply. Gold bars in Hong Kong fetched premiums of up to $5 an ounce over spot London prices, driven by tight…

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