Don’t be fooled by gold’s recent gleam
Now is roughly the time to sell this alleged ‘safe haven’
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WILL gold keep running?
It is outshining most liquid assets in 2025. Up 20 per cent through Aug 22 and 56 per cent since the end of 2023, its gains top US, Singapore and world stocks – to say nothing of Singapore and global bonds’ puny returns.
Singapore’s status as a global finance and transit hub has goldbugs flocking to stash their gold on its shores – adding to its allure.
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