--- title: "Family offices cheer MAS’ new precious metals rules, but do not expect a gold rush" type: "News" locale: "en" url: "https://longbridge.com/en/news/296916973.md" description: "[SINGAPORE] When gold prices hit a record high of around US$5,500 an ounce in January, certain family offices and fund managers were forced to reduce their holdings in order to continue enjoying tax incentives. From Aug 1, they no longer face such a constraint.The Monetary Authority of Singapore (MAS) announced the removal of the 5 per cent cap on holdings of physical precious metals for investment funds and family offices who come under the Section 13O and Section 13U tax-exemption schemes." datetime: "2026-08-25T12:45:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296916973.md) - [en](https://longbridge.com/en/news/296916973.md) - [zh-HK](https://longbridge.com/zh-HK/news/296916973.md) generator: "portal-rs" --- # Family offices cheer MAS’ new precious metals rules, but do not expect a gold rush \[SINGAPORE\] When gold prices hit a record high of around US$5,500 an ounce in January, certain family offices and fund managers were forced to reduce their holdings in order to continue enjoying tax incentives. From Aug 1, they no longer face such a constraint. The Monetary Authority of Singapore (MAS) announced the removal of the 5 per cent cap on holdings of physical precious metals for investment funds and family offices who come under the Section 13O and Section 13U tax-exemption schemes. ### Related Stocks - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [SLV.US](https://longbridge.com/en/quote/SLV.US.md) - [PPLT.US](https://longbridge.com/en/quote/PPLT.US.md) - [SIVR.US](https://longbridge.com/en/quote/SIVR.US.md) ## Related News & Research - [PRECIOUS-Gold little changed as markets await key US inflation data](https://longbridge.com/en/news/298146831.md) - [PRECIOUS-Gold rises as dollar eases; US inflation data on radar](https://longbridge.com/en/news/298242637.md) - [PRECIOUS-Gold hits over two-week low, US jobs data in focus](https://longbridge.com/en/news/297713002.md) - [PRECIOUS-Gold heads for small weekly gain with US jobs data on tap](https://longbridge.com/en/news/298018985.md) - [ZAWYA: Egypt’s NIR hits record high as gold holdings jump $1.9bln in August](https://longbridge.com/en/news/298273713.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**