The real shine behind Singapore’s golden ambitions is not in gold’s meteoric price increase
Investors are faring well with listed gold counters hitting fresh highs, but the Republic is also aiming to benefit with the region’s ultimate vault
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[SINGAPORE] Take a walk through Singapore’s Little India this week, and the giant billboards tell a very clear story. Pawnshops and jewellers are aggressively advertising to buy back gold, capitalising on a global boom that has retail investors cashing in their chains and bangles at record prices.
To understand why the aunties are selling, look at the maths.
Gold has been on a historic, gravity-defying tear. In 2024, it climbed steadily. In 2025, it shattered records, surging past US$4,000 an ounce. Going into 2026, it breached the psychological US$5,000 mark.
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