The current dismal economy outlook and stock market conditions may entice many wealth builders to buy gold and silver bullion. After all, the price of gold has surged by 25% in the first half of this year, making it one of the best performing assets. You can buy gold bullion in Singapore from local bank UOB or various bullion dealers.
According to the latest World Gold Council report, gold continued its red-hot form, with global gold demand reaching 2,335 tons in the first half of 2016, 16% higher than the previous record in H1 2009. During the second quarter, overall gold demand grew to 1,050t, up 15% from the Q2 2015 figure of 910t. The growth was due to considerable investment demand as a result of global economic and political uncertainties.
The Chinese always has a penchant for gold and like to buy gold bullion. So not surprisingly, for the past 10 years, China has become the world’s largest gold producer and ......