Singapore
SINGAPORE INVESTORS BUY 2.5 TONNES OF BULLION IN Q1, THE HIGHEST SINCE 2010
[SINGAPORE] Investors' appetite for gold bars and coins remained strong in the first quarter of 2025. At 2.5 tonnes, demand was up 35 per cent year on year (yoy), the highest since World Gold Council (WGC) started keeping records in 2010. Gold investment demand in Indonesia, Malaysia and Thailand also grew steadily at double-digit rates yoy, the WGC's Q1 gold demand report released on Wednesday (Apr 30) indicated. But Vietnam's demand for gold bars and coins dropped 15 percent on the year to 12 tonnes of gold purchased. This was attributed to higher premiums on the limited availability of gold products as well as local currency depreciation, said WGC. https://www.businesstimes.com.sg/singapore/singapore-investors-buy-2-5-tonnes-bullion-q1-highest-2010 (ICE SINGAPORE)
Fonte notizia: The Business Times, 30 April 2025