SafeAsset

📦 Ultra-Rich Are Moving Gold to Singapore: Is $5,000/oz Next?

From Jan to Apr 2025, physical gold storage contracts in Singapore rose 88%, and gold bar sales surged 200% YoY. Storage value at major facilities like The Reserve is estimated at $1.5B USD.

💼 Why Singapore?

– 🏛️ Stable politics & transparent legal system

– 🔒 High-end vaults (e.g. The Reserve, FreePort)

– 🌍 Geopolitical neutrality

– 💼 GST exemption since 2012 (reduces cost by 7–10%)

– 🌐 Strategic access to Asian & global investors

📊 Key Stats:

– Current gold: $3,346/oz, up 25% since mid-2022

– Forecast: Could reach $5,000/oz in 2026

– Gold capital inflow to SG since 2012: $30B USD

– Imports grew from 145 tons (2012) to 256 tons (2021)

– UHNWIs now allocate 3–5% into physical gold

🌍 What’s Driving the Move?

Rising Fed uncertainty, China–US tensions, and BRICS gold standard proposals are boosting global demand for hard assets. The IMF and World Gold Council report gold reserves growing across central banks in emerging markets.

🏦 How Does SG Compare?

– 🇨🇭 Switzerland: Reputable but less tax-efficient

– 🇭🇰 Hong Kong: Facing political risk

– 🇦🇪 Dubai: Competitive but lacks legal clarity of SG

🛑 Risks to Watch:

– Rising long-term storage demand may drive up fees

– Regulatory shifts in bullion handling or tax

– Gold’s price remains tied to central bank moves & macro shocks

📈 Singapore is fast becoming the “Switzerland of the East” for gold investors. As macro risks grow, physical gold is regaining its status as the ultimate safe haven.

#Gold #Singapore #SafeAsset