It’s been five years since 2020, and while the world has faced its share of chaos – pandemics, economic slowdowns, and market volatility – one asset has quietly but steadily risen: gold.
In 2020, gold was priced at around SGD 77.3 per gram.
Fast forward to 2025, and it’s now hovering at approximately SGD 137.27 per gram. That’s a significant 72.4% increase.
If you break it down, that’s an average annual return of 11.5% – all while other assets struggled to keep pace.
But why has gold remained so resilient?
Gold as an Inflation Hedge
In times of rising prices and declining currency value, gold has always been the go-to asset. Think about it – what would you rather hold when the purchasing power of your cash is eroding?
Paper money that can be printed endlessly or a tangible asset with a finite supply?
Over the last five years, inflation has chipped away at savings, eroded purchasing power, and left many scrambling for ways to protect their wealth.
Gold, on the other hand, has consistently held its ground, reminding us why it’s often called the ‘safe haven’ asset.
In 2020, the lowest-priced Hajj packages started from $7,395.
In 2025, the lowest-priced Hajj packages start from $8,970.
This represents a 21.3% increase in just five years – a clear sign of how inflation is affecting even our spiritual goals.
And if prices continue rising at this pace, waiting too long could mean being financially unprepared when your turn finally comes.
Safe Haven in Times of Crisis
When the world is in turmoil – when banks collapse, when currencies fluctuate wildly, when governments print more money to prop up their economies – gold remains.
It’s the asset that doesn’t promise you overnight riches but gives you peace of mind knowing it’s there, holding value, waiting patiently.
And that’s the thing about gold. It doesn’t shout. It doesn’t boast.
It just sits there, quietly doing its job, protecting your purchasing power, year after year.
So, the next time someone tells you that gold is outdated or old-fashioned, remind them of the last five years.
Remind them of how, while everything else was uncertain, gold remained a steadfast protector, preserving wealth, one gram at a time.
