Singapore investors join gold rush as record-breaking rally continues


Gold prices hit a fresh record high of US$4,059.30 on Oct 13, driven by reignited US-China trade tensions. - Reuters

SINGAPORE: Investors in Singapore have joined the global rush to buy gold since the start of 2025, as mounting geopolitical tensions and expectations of US interest rate cuts drive demand for the safe-haven metal.

Gold prices hit a fresh record high on Monday (Oct 13), driven by safe-haven demand on reignited US-China trade tensions which drove Asia stock markets down. Silver also surged to another all-time high.

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Singapore , gold , investors

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