The price of gold jumped on Tuesday. | CNBC
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The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore is emerging as a favored destination. ➡️ While traditional giants like New York and London still hold the bulk of global gold reserves, new high-security vaults are popping up, from JPMorgan’s silver facility in the UK to The Reserve in Singapore, which can house up to 500 tons of gold. ➡️ Physical gold doesn’t generate income and storage isn’t cheap, but it offers
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