Serious Sinkie Economy Turning Flaccid after Erection!

Singapore gold sales skyrocket on safe-haven demand​

By Minh Hieu

Sun 5/11/2025, 07:48 pm (PT)

Gold dealers in Singapore have reported a surge in sales of gold bars and coins this year as global economic uncertainty spurred a rush for safe-haven assets.
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Singapore gold sales skyrocket on safe-haven demand

Demand for gold bars and coins in Singapore rose 35% in Q1, 2025. Illustration photo by Unsplash

Gregor Gregersen, founder of The Reserve, a high-capacity vault for gold and silver storage in Changi, said some ultra-high-net-worth individuals are buying S$60-70 million (US$46-54 million) worth of physical gold.

"They're saying, ‘I'd rather... get physical gold, put it in a safe place, and essentially reduce my risk’," he said, as quoted by CNA.
 
With many plants will shift to msia see how sinkie can be good in future. Plus msian chink mandarin very very good.
 
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