Money in the Market: What's behind weak consumer demand for gold?
Published on 23 May, 2023
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Global gold demand was down by as much as 13 percent year-on-year in Q1, with consumer demand in Singapore alone dipping by 20 percent year-on-year. 

But despite the fall, the Monetary Authority of Singapore was still the single largest buyer during the quarter? Why was this the case, and what is the outlook on gold investment for the remainder of the year?

    On Money in the Market, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) & Global Head of Central Banks, World Gold Council, to find out more.