Gold storage demand soars as economic uncertainty persists

Record highs in gold prices spark rush for physical storage, as global economic fears fuel investor demand. The price of gold has dipped slightly after hitting a historic high last week. But with ongoing economic uncertainty, particularly tied to US President Donald Trump’s trade war, analysts expect demand to remain strong. Some even predict gold could soon average over $3,500 per ounce annually. Al Jazeera’s Patrick Fok reports from one of the largest gold vaults near Singapore. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #GoldPrices #GoldStorage #EconomicUncertainty #GoldBoom #TradeWar #GoldVaults #Bullion #SafeInvestments #GlobalEconomy #SingaporeGold #TrumpTradePolicy #AlJazeeraEnglish