The Ultra-Wealthy Are Opting for Singapore for Safe Storage of Their Gold
Singapore has increasingly become a top destination for those wishing to safely store their gold as geopolitical and economic uncertainty continues to bolster interest in the precious metal. One facility has, in particular, caught the attention of the uber-wealthy. The Reserve, as it is referred to, is a secure vaulting facility located just a few kilometers from the Singapore Changi Airport. The facility has many private vaults as well as thousands of safe deposit boxes and is fortified by tight security. It is estimated that its precious metals repository holds gold and silver bars valued at about $1.5 billion. Gregor…
