Gold dealers report demand up by 200% in first 4 months of 2025
Gold dealers in Singapore have seen sales of physical bars and coins doubling in just the first four months of the year. It comes as rising global uncertainty has pushed investors to go for gold as a safe haven asset. This is despite its spot price breaking US$3,000 in March and soaring to US$3,500 less than two months later. Alxis Thng explains the appeal of this precious metal.
Gold dealers in Singapore have seen sales of physical bars and coins doubling in just the first four months of the year. It comes as rising global uncertainty has pushed investors to go for gold as a safe haven asset. This is despite its spot price breaking US$3,000 in March and soaring to US$3,500 less than two months later. Alxis Thng explains the appeal of this precious metal.
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