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How S’pore investors can ride the gold wave as prices hit record highs

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The soaring value of gold in recent months certainly makes it an attractive part of any portfolio.

The soaring value of gold in recent months certainly makes it an attractive part of any portfolio.

PHOTO: ST FILE

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SINGAPORE – Gold has kept smashing price records in March and April as tensions in the Middle East unnerve investors who pile into safe haven assets for safety.

After hitting a record high of US$2,078.40 per ounce on Dec 28, 2023, the precious metal continued its strong run, marking a series of record highs in March and April, to hit US$2,401.50 an ounce on April 12.

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