Daily Market Updates: Asia's ultra-rich still favor gold, adding digital assets

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Asia's ultra-rich still favor gold, adding digital assets

Reported · Written up by our desk · Asia

CNBC Markets and CNBC World report that Maybank Singapore CEO said Asia's ultra-rich continue to favor gold as an investment, even as they diversify.

The executive also said wealthy Chinese are beginning to branch into digital assets.

The reported shift points to growing interest among the region's highest net worth investors in crypto and other digital holdings, alongside traditional assets like gold.

Latest closeGold $4,395.60 ▼0.8%

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Sources

CNBC MarketsHow Asia’s ultra-rich are investing and where wealthy Chinese are migrating, according to Maybank Singapore CEO

CNBC WorldHow Asia’s ultra-rich are investing and where wealthy Chinese are migrating, according to Maybank Singapore CEO

Global Markets

Asia's ultra-rich still favor gold, adding digital assets

More like this

Sources

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