gold prices

Why is gold so popular as a currency or as an investment tool? We answer these questions and more within.

Gold is trading near a seven-year high, supported by an increasing number of coronavirus cases worldwide that threaten to curtail global economic activity.

Equity markets, economic growth, China economy, US economy, Singapore economy, gold prices, crude oil prices, Novel Coronavirus, World Health Organization (WHO), Monetary Authority of Singapore (MAS), SGD NEER, S&P 500 index, CSI 300 Index, Straits Times

SINGAPORE (Jan 17): In the second half of last year, investors sought refuge in safe haven assets as macroeconomic uncertainties and market turmoil continued.

The US has reignited geopolitical tensions with Iran, even as the trade war with China goes on. While there are signs of a broader global economic recovery, central banks have little room to manoeuvre if growth stalls again.

(Dec 27): Gold rose for a fourth straight session, topping US$1,500 ($2,031) an ounce and on course for its best annual gain since 2010.

SINGAPORE (Dec 20): With numerous industries around the world depending on the supply of minerals and metals, miners are pivotal to the global economy. Yet, miners seem to have encountered a tough year, grappling with issues such as geopolitical uncertain

As macroeconomic and geopolitical conditions worsen, gold prices have rallied significantly. Will the precious yellow metal continue to shine?

SINGAPORE (Nov 25): Suspended for about eight years, and counting, China Hongxing Sports is a counter that its long-suffering minority shareholders have most likely written off. A reprieve might be seen soon.