Singapore ranks as the world’s priciest city for the wealthy for a fourth straight year
AI Market Summary
Julius Baer's 2026 wealth report highlights gold more than doubling since 2024, lifting luxury input costs and reinforcing precious metals as the preferred hedge for Asia-Pacific high-net-worth investors amid geopolitical and macro uncertainty. Reported portfolio diversification has risen meaningfully, with additional support for platinum in China and renewed silver demand in India, including via ETFs. Near-term, this backdrop supports sustained investment demand for gold and related metals.
Impact level
● Medium
Affected assets
NCCOGOLD2USD/USDT+0.66%
AI Insight · NCCOGOLD2USD/USDTAI Insight
▲ Bullish
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Julius Baer’s Global Wealth and Lifestyle Report 2026 says gold prices have more than doubled since 2024, pushing up prices for luxury goods. The report says high-net-worth investors in Asia Pacific have increased allocations to precious metals to hedge geopolitical and macroeconomic risks, with platinum gaining traction in China and silver seeing renewed demand in India. It also says more than 70% of Asia Pacific investors increased diversification over the past year, with precious metals—especially gold—seen as the preferred hedge.
