Why the World’s Wealthiest Are Sending Their Gold to Singapore | WSJ
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YouTubeThe Wall Street Journal
Why the World’s Wealthiest Are Sending Their Gold to Singapore | WSJ
As gold prices surge to a record $4,000, more of the world’s wealthiest from places like Europe, the U.S. and Australia are storing their gold in Singapore in vaults like The Reserve. Located near Changi Airport, this massive vault can store up to 500 tons of gold, worth about $64 billion. But why are people increasingly turning towards ...
706.1K views4 days ago
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Gold has suffered its worst single day value decline in 12 years after the precious metal’s price had been soaring in recent weeks, hitting record highs day after day. However, jitters in the market overnight saw prices slump by as much as 6.3 per cent, settling at just over USD$4,000 an ounce. Click the link in the bio for more from 10 News. #10news #gold #goldprices
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