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Societe Generale lists first gold and silver-linked DLCs on SGX

Local gold demand rose 48% to 9.6 tonnes in 2025.

Societe Generale has listed a new series of Daily Leverage Certificates (DLCs) on the Singapore Exchange that track exchange-traded funds linked to gold and silver.

The certificates track the SPDR Gold Shares and iShares Silver Trust ETFs, and are available for trading on the SGX Securities market from 23 June.

The launch follows the group’s rollout of US stock-linked DLCs tied to the Magnificent Seven in 2024, and its subsequent expansion to other single stocks, including Micron, Palantir, and Netflix.

Marcus Ng, cross-asset listed distribution at Societe Generale, said gold and silver have continued to draw investor interest, particularly during more volatile market conditions.

In a separate report, the World Gold Council said Singapore investor demand for gold rose 48% year-on-year to 9.6 tonnes in 2025.

“These listings bring leveraged and inverse exposure to both metals onto SGX for the first time, expanding the range of exchange-traded instruments available to Singapore investors to express directional views within a transparent, listed format,” Ng added.

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