
Wealth Tracker: Is gold still a safe-haven amidst the Middle East conflict?
Published on 6 Mar 2026
Gold prices have surged past $5,100 an ounce, up about 20% this year.
However, amid continued tensions in the Middle East, spot gold's price slipped about 1.6% earlier this week to around $5,060 per troy ounce.
What’s driving this plunge and how much of this is pure geopolitical panic given the ongoing Iran-US-Israel conflict?
On Wealth Tracker, Hongbin Jeong speaks to Shaokai Fan, Head of Asia-Pacific (ex-China) and Global Head of Central Banks at the World Gold Council, to find out more.
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