Super Rich Are Transferring More and More Gold Abroad. But Do You Know Why? What Is Driving the Surge in Gold? Check It Out!
The price of gold reached a historic milestone, surpassing US$ 3,500, accumulating an appreciation of approximately 30% this year. This movement is driven by a combination of economic and geopolitical factors.
The imposition of trade tariffs by the United States, especially under the administration of President Donald Trump, has generated uncertainties in global markets. These protectionist measures, aimed at countries like China, Canada, and Mexico, have caused trade tensions and contributed to the search for safe-haven assets like gold.
Additionally, the ongoing demand from central banks, which seek to diversify their reserves amid dollar volatility, has supported the appreciation of the precious metal. China, for example, has increased its gold reserves for the fourth consecutive month in February.
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Experts’ Predictions Point to New Records
Analysts from major financial institutions have revised their projections for the price of gold. Goldman Sachs raised its estimate to US$ 3,100 by the end of 2025, with the possibility of reaching US$ 3,300 in scenarios of greater economic uncertainty.
JP Morgan, on the other hand, predicts that gold will exceed US$ 4,000 by the second quarter of 2026, driven by strong demand from investors and central banks.
American billionaire John Paulson also shares this optimistic view, estimating that the price of gold could reach nearly US$ 5,000 by 2028, due to the growing search for safe assets amid global trade tensions.
The ultra-wealthy are increasingly opting to store their gold in Singapore, driven by rising global risks and the instability caused by Trump’s policies
Singapore has benefited from the increased demand for gold, consolidating its position as an important center for trade and storage of the precious metal. Despite a slight reduction in gold reserves at the end of 2024, the country maintains a strategic position in the global market.
The political and economic stability of Singapore, combined with its advanced infrastructure, attracts investors and financial institutions seeking safety and efficiency in gold transactions.
According to a Forbes report, just minutes from Singapore’s airport, there is a six-story building with an onyx facade and reinforced security measures provided by advanced security systems. Inside this fortified space, gold and silver bars valued at around US$ 1.5 billion (approximately R$ 8.6 billion) are kept.

This center, known as “The Reserve”, houses dozens of private vaults and a large central chamber surrounded by thousands of safety boxes stacked up to three stories high.
According to Gregor Gregersen, founder of the company responsible for the site, between January and April of this year, there was an 88% increase in requests for precious metals storage compared to the same period in 2024. In addition to offering custody services, The Reserve also trades gold and silver — and during this same period, sales of these assets surged by 200%.

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