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Thursday, 4th February 2010 (1619 views)

Premiums for physical gold in Hong Kong and Singapore have reached their highest levels since 2008, according to a report from Numismaster.com.

India, China and Vietnam showed a particularly strong demand for the precious yellow metal, while gold bars weighing one kilogram traded at their highest premiums since July 2009 in Japan.

Numismaster.com writer Patrick A Heller commented that the increased demand is likely a response to the current price of gold.

Bullion bars or gold coins may be among the wisest options for people making an investment to consider.

Writing on gather.com, Owen Jones of Clogau Welsh Gold wrote that investing in rare items such as gold coins is seen as a hobby by some.

Collecting such items has been a leisure pursuit since the Middle Ages, he added, noting that members of the aristocracy and merchants were the only people who could afford to keep up such a hobby during this historic period.

 

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