Motiwala cultivates an untapped digital gold market in Southeast Asia
Ever since the outbreak of Covid-19, investors worldwide have turned to transfer part of their assets into gold investment to avoid market uncertainties and take advantage of gold’s reliable store of value. Investors have always cited gold as a safe haven when market uncertainties intensify, and the events in 2020 further confirmed the established correlation between gold and market risk levels.
Since January 2020, the gold price has zipped up 25% by the end of the year, even hitting a record high of over $2,000 per ounce at one point for the first time in history.
Along with the growth of demand for gold-related investments, supply grows too. A Dubai-based precious metal supplier known as Motiwala caught sight of the growth in demand and is determined to make use of this opportunit...