Investors Take to Gold as Inflation, Uncertainty Peaks

Undergraduate Travis Tan watched his parents’ gold investments appreciate over the past few decades and after deciding that he wanted a piece of the action, bought 5g from a jewellery shop in Chinatown in February last year for about $450. He is holding on to his purchase even as gold prices continue to climb, The Straits Times reported.

Tan is among many people around the world investing in the safe-haven asset amid rising inflation and market volatility due to factors such as Russia’s invasion of Ukraine and fears over the Omicron Covid variant.

Read the full report: The Straits Times.

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.