The Great Returns Debate: Pricing vs. Productivity
In his discussion on CNA, Chin highlighted that when you buy gold, you are essentially making a bet on a pricing game. Unlike stocks, gold is not a productive asset; it doesn’t generate earnings, pay dividends, or innovate....For the longest time, gold and silver were seen as “boring” assets – the kind of thing your grandfather might keep in a safe but rarely discussed at a trendy coffee shop.
That has changed.
Since 2024, we’ve witnessed a historic run where gold prices surged from US$2,000 to over US$5,000 per ounce.
This rally has triggered a massive shift in behavior, with precious metals becoming the top starting point for first-time investors.
To help make sense of these trends, our co-founder, Chin Hui Leong, joined Channel News Asia (CNA) on 19 February 2026 to share his perspective on whether this “gold rush” is a sustainable strategy for the long run.
