Gold

Gold

Gold futures climb above US$1,800 for first time since 2011

(July 1): Gold futures rose above US$1,800 ($2510.28) an ounce for the first time in eight years as low interest rates and a resurgence in coronavirus cases drive demand for the metal as a haven.

Gold

Gold futures edge closer to US$1,800 per oz on surge in Covid-19 cases

(June 30): Gold futures edged closer toward US$1,800 (S$2,507.80) an ounce -- a level last seen at the end of 2011 -- as demand for haven assets surged amid concerns over rising coronavirus infecti

Gold

Gold at highest level since 2012 amid concerns of second wave of infections and growing uncertainty in Hong Kong

(June 22): Gold pushed toward the highest level since 2012, lifted by concerns over a second wave of coronavirus infections and growing uncertainty in Hong Kong after China released details of a pr

Gold

Demand for gold ETFs hit all-time high in 1Q20 proving gold remains a safe-haven in uncertainty

SINGAPORE (Apr 30): Global demand for gold-backed Exchange Traded Funds (ETFs) hit an all-time high of 3,185 tonnes in 1Q2020 ended March as more investors turned to the safe-haven asset

Gold

Gold's glimmer dims as investors bet on lockdown ease

SINGAPORE (Apr 28): As the Covid-19 death toll eases in Spain, France and Italy, gold futures ended lower on Monday as investors turn to riskier assets amid hopes that lockdown measures in these co

Gold

All that glitters is gold, in these uncertain times

SINGAPORE (Mar 24): Now may just be the time to buy gold as prices surge to an inflection point, according to analysts at Goldman Sachs.

Gold

Goldman sees virus lifting gold to US$1,800 as 'last resort' haven

(Feb 27): Goldman Sachs Group Inc. boosted its gold forecast to US$1,800 ($2,514) an ounce as the coronavirus, depressed real rates and increased focus on the U.S.

Gold

Virus alarm drives rotation into gold with record ETF flows

SINGAPORE (Feb 26): Global investors are stashing more and more assets into gold as the coronavirus outbreak spreads and appetite for risk takes a hit.

Gold

Safe havens shine as spreading virus spurs rush to buy gold

(Jan 27): Gold jumped as the spread of the coronavirus globally spurred demand for haven assets.

Gold

Gold prices hit seven year high, set to shine brighter amid uncertainties

SINGAPORE (Jan 17): In the second half of last year, investors sought refuge in safe haven assets as macroeconomic uncertainties and market turmoil continued.

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