Authored by: David Fergusson, Chief Government Officer and Co-founder, Hugo
Gold is a curious steel: it’s remarkably heavy, but smooth, extraordinarily inert, however with a luster that’s beguiling to nearly everybody; which is why it stays the fabric of alternative for jewellery. It’s an equally curious funding, and there’s no extra a divisive topic amongst investing professionals than gold.
We stay in a globalized world the place economies are all interconnected. Thus, safeguarding our wealth from financial dangers and market volatilities is crucial. And for Singapore, a worldwide commerce hub sustaining the fragile stability of enterprise and diplomacy with its extra highly effective financial companions greater than demonstrates that investing in gold must be a severe consideration for each Singaporean’s private finance.
Gold shines the brightest in occasions of inflation and uncertainty
The naysayers declare that gold doesn’t yield. It’s costly to supply, it’s of not a lot use