GOLD TO CONTINUE GLITTERING
Looking ahead, analysts expect gold to remain an attractive investment option.
Ms Yeah Lee Ching, managing director of retail and trading at ValueMax Group, one of Singapore’s largest pawnbroking chains, said customers are “bringing in more gold in all kinds of designs”.
“They are of a higher value than before. With gold prices at elevated levels, even items that are small and tiny are now meaningful in value,” she added.
She noted that more people pawned items last year compared to 2024. Younger professionals in their late 20s to 40s are also using instant cash to support business needs.
