World Gold Council
Singapore’s gold buying spree fuels 47% sales jump in gold bars, coins as global demand hits record
Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8%
Singapore investors buy 2.5 tonnes of bullion in Q1, the highest since 2010
Demand rises 35% year on year
Singapore investors lead Asean peers with 22% surge in purchase of gold bars, coins in 2024
World Gold Council reports 6.5 tonnes of purchases in the Republic – still behind Thailand’s 39.8 tonnes
Asian investors expected to grow gold investments: survey
Increasing number of regional asset owners see gold as ‘core asset’ for the long term
Central banks could increase gold reserves further as shine of US dollar dims: analysts
Sentiment towards gold at most positive levels since 2019, World Gold Council survey indicates
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