World Gold Council (WGC)

The yellow metal may be able to break its previous all-time high of US$2,075 per ounce recorded in August 2020, analysts say.

Gold is “fairly unique” among extracted products, say experts, and could even lower the overall emissions of a portfolio.

In Singapore, consumer demand for gold in the first quarter of the year fell 20% y-o-y to 3.3 tonnes from 4.1 tonnes in 1Q2022.

The precious metal glitters amid rising inflation and heightened global geopolitical tensions.

“Uncertainty continues to weigh on risk sentiment, which is positive for gold in the longer-term,” say Phiillip Futures analyst Avtar Sandhu.

Demand for the safe-haven asset has been picking up.

SINGAPORE (Aug 13): Global demand for gold-backed Exchange Traded Funds (ETFs) hit a six-year high in 2Q19 ended June, growing 67.2 tonnes to hit 2,548 tonnes.Year on year, gold-backed ETF demand was double from the 33.8 tonnes bought in 2Q18, accordi

(June 17): It appears that all that is gold glitters now, with more central banks, exchange-traded funds (ETFs) and consumers buying the precious metal. Gold accumulation by central banks and other institutions rose 68% y-o-y in 1Q2019. Recent data from t