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How wealthy investors bet on gold, from buying fractions of a bar to stashing bullions in Swiss bunkers
With gold prices up roughly 25% this year, the precious metal is in such demand that Costco has capped how many gold bars shoppers can buy in a day. A recent HSBC survey of affluent investors found that gold allocations had more than doubled this year from 5% to 11%. High-net-worth individuals are getting in on the action too, bankers to the wealthy told CNBC, even if they aren’t buying gold bars along with rotisserie chickens. HSBC’s James Steel said the asset’s safe-haven appeal has been bolstered by trade war anxieties and geopolitical tensions. “Gold is a friend of uncertainty,” said the chief precious ... (full story)
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- Jul 21, 2025 6:10pm Posted byFundamental Analysis239
