S’pore exchange touts gold to the masses

“When we first started our business a decade ago, obviously we attracted the elite group, people who had money, ” chief executive Victor Foo (pic) told AFP. “But it’s our aspiration to be able to reach the mass market.”

FANCY owning your own gold bars that you can admire and take selfies with?

With the coronavirus fuelling demand for safe-haven assets for investors to park their cash, a Singapore exchange is offering mom-and-pop investors what it says is an easier way to get their hands on the precious metal.