BT Money Hacks: Is Gold a glittering investment in 2025?

In the latest episode of the Money Hacks podcast by The Business Times, hosted by Howie Lim, the episode features in-depth insights from Albert Cheng, CEO of the Singapore Bullion Market Association and Robin Tsui, APAC gold strategist at State Street Global Advisors SPDR, discuss the ever-intriguing topic of gold investment and its prospects for 2025. 

If you’re looking to expand your knowledge on gold as a reliable investment, this episode is a must-listen. 

Gold’s shining 2024 performance

Despite the high interest rate environment and the strength in equity markets, demand for gold continues to soar. In 2024, gold prices witnessed a significant rise, with some experts predicting that it could reach US$3000 by the third quarter of 2025. This strong performance is influenced by various factors, which are highlighted in the podcast.

Cheng provides a historical overview of the gold market and highlights the transition of gold ownership from central banks and the elite to the general public. He notes that gold has consistently been a safe haven, especially during times of uncertainty, such as geopolitical tensions and inflation.

On the other hand, Tsui discusses the future of gold, emphasising that its low correlation with other asset classes makes it an effective hedge against market volatility.

Other Gold options

Physically backed gold exchange-traded funds (ETFs) saw a net inflow of $3.4 billion in 2024. Central banks, particularly in emerging markets like China, India, and Turkey, have been increasing their gold reserves as a diversification strategy. 

Does the 5-10 per cent allocation in gold to protect investors portfolios against uncertainties and to enhance overall returns still stand? Tsui mentions, investors are now looking beyond traditional assets, increasingly focusing on alternatives like gold, real estate, and even Bitcoin.

Seasonal price spike

As Lunar New Year approaches, the demand for gold traditionally spikes due to cultural significance and the desire to store wealth. However, the record-high prices in 2024 may deter some buyers. 

Cheng explains that while the volume of gold jewelry demand might reduce, the monetary value spent remains significant. He also highlights the continuous strong demand for gold as an investment, particularly in China, where economic uncertainties persist.

This episode of Money Hacks is packed with valuable information for anyone interested in gold investment. Whether you’re a seasoned investor or new to the world of precious metals, the insights shared by Albert Cheng and Robin Tsui offer practical advice and a deeper understanding of market dynamics. 

Listen now and don’t miss out on learning how to position yourself with regard to gold in 2025 and beyond. 

For those keen on acquiring more financial tips and insights, subscribe to the Money Hacks podcast and stay updated with the latest episodes. We welcome your feedback or episode ideas to btpodcasts@sph.com.sg.

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Written and hosted by: Howie Lim (howielim@sph.com.sg)

With Albert Cheng, CEO, Singapore Bullion Market Association and Robin Tsui, APAC gold strategist & SPDR gold sales specialist, State Street Global Advisors SPDR

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim

Engineered by: Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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