Societe Generale has listed a new series of Daily Leverage Certificates (DLCs)1 on the Singapore Exchange (SGX), offering investors leveraged and inverse exposure to gold and silver for the first time on SGX.

These new DLCs track the SPDR™ Gold Shares (GLD) and iShares Silver Trust (SLV) ETFs and are available for trading on the SGX Securities market from today. This listing makes Societe Generale the only Leveraged & Inverse (L&I) Exchange Traded Product (ETP) issuer in Singapore to offer directional exposure to both gold and silver.

The current volatility of gold and silver markets allow investors to take positions in both rising and falling markets. By referencing GLD and SLV — the largest and most liquid gold and silver ETFs globally— these DLCs offer knowledgeable Singapore investors a transparent and accessible way to track the performance of each underlying precious metal, with the flexibility to express both bullish and bearish views.

Marcus Ng, cross asset listed distribution, Societe Generale, said: “Gold and silver have continued to attract investor interest, particularly in more volatile market conditions. 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.”

Soh Yee Fei, head of products and intermediaries, SGX Group, added: “The launch of these DLCs marks a key milestone in SGX’s efforts to build a more dynamic and diverse products ecosystem.”

Societe Generale’s DLC portfolio has grown to more than 200 leveraged and inverse products listed on SGX, tracking Singapore, Hong Kong and US equity indices and single stocks. The listing of Gold and Silver DLCs follows the successful launch of US Stock DLCs linked to the Magnificent Seven in 2024, and the subsequent expansion to additional US single-stock names including Micron, Palantir and Netflix.