Gold accounts gaining popularity
Gold investment accounts are fast gaining popularity among investors as they are comparatively cheaper to invest in than physical gold.
Taking a cue from their popularity, a growing number of financial institutions are offering these products to their customers as an alternative investment option.
Kuwait Finance House (Malaysia) Bhd (KFHMB) CEO Jamelah Jamaluddin said demand for gold has risen significantly as buyers ranging from investors, speculators, hedge funds, central banks and the public, continue to buy gold.
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