Why the World’s Wealthiest Are Sending Their Gold to Singapore | WSJ
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Why the World’s Wealthiest Are Sending Their Gold to Singapore | WSJ
As gold prices surge to a record $4,000, more of the world’s wealthiest from places like Europe, the U.S. and Australia are storing their gold in Singapore in vaults like The Reserve. Located near Changi Airport, this massive vault can store up to 500 tons of gold, worth about $64 billion. But why are people increasingly turning towards ...
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