19 June 2020
Gold as a new yet traditional way of saving
Gold prices rose 18 percent in 2019, reaching more than S$2,170 in February 2020, and optimists forecast that prices could rise as high as US$1,900 given the economic uncertainty. Investing in gold can be to hedge against inflation, or to have a safe haven in an uncertain environment, or to diversify a portfolio. Walter Wee, Chief Investment Officer, KINGS Group shares how saving or investing in gold can be convenient, affordable and fun.

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