![FILE PHOTO: A salesman displays gold bars inside a jewellery shop on the occasion of the Akshaya Tritiya festival in the southern Indian city of Hyderabad May 6, 2011. Gold jewellery is a popular gift at marriages and festivals in India. REUTERS/Krishnendu Halder/File Photo](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/HSEE6IBC3RT3PF7DVE3HQAOUQY.jpg?smart=true&auth=e59591250c18723f862dd20e4498ba3dddea7f7da1705422db460dff27266bc8&width=400&height=225)
Lenders are increasingly allocating more vault space to gold as investors hoard the metal amid the pandemic. Reuters
Lenders are increasingly allocating more vault space to gold as investors hoard the metal amid the pandemic. Reuters
Banks are tapping into investors' appetite for gold
Vaulting fees are set to nearly double this year as investors look for space to store bullion