Gold demand fuels stock surge and private vault growth in Singapore

Central banks led by China and Poland stepped up gold purchases in 2026, sparking renewed investor interest in the precious‑metals sector. The increased buying has put Gold.com (ticker GOLD) back in focus, with analysts noting a 40.9% undervaluation gap between the current share price of $39.45 and a fair‑value estimate of $66.75. The stock has been volatile, slipping 5.42% in a day and 10.32% over a week, but its year‑to‑date return remains positive.

Global gold demand also broke the 5,000‑tonne mark for the first time, reaching record highs and prompting a shift in how owners store the metal. Traditional bank safe‑deposit boxes are disappearing, with major banks in Singapore and elsewhere closing the service. This retreat has driven demand for private vaults, such as Singapore’s Vault@268, which offer reinforced concrete chambers, biometric access, 24‑hour automated retrieval and greater privacy. The facilities cater to both local and foreign investors, providing an alternative to bank boxes that require a banking relationship.

The combined trends underscore a broader move among wealth holders to diversify not only their investment portfolios but also the physical locations where valuable assets are kept.