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. 

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.&nbsp;
What&rsquo;s driving this plunge and how much of this&nbsp; 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.&nbsp;

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Wealth Tracker: Is gold still a safe-haven amidst the Middle East conflict?

Oil prices are reacting fast to renewed tensions in the Gulf, but the bigger question for investors is what happens if this isn’t just a short shock. Which emerging markets are most exposed, who could actually benefit, and how far could this ripple into global funding conditions?

On Wealth Tracker, Hongbin Jeong speaks to Ed Parker, Managing Director, Global Head of Research, Sovereigns & Supranationals, Fitch Ratings, for more.

Oil prices are reacting fast to renewed tensions in the Gulf, but the bigger question for investors is what happens if this isn&rsquo;t just a short shock. Which emerging markets are most exposed, who could actually benefit, and how far could this ripple into global funding conditions?
On Wealth Tracker, Hongbin Jeong speaks to Ed Parker, Managing Director, Global Head of Research, Sovereigns &amp; Supranationals, Fitch Ratings, for more.

Wealth Tracker: Which emerging markets are most exposed to oil volatility?

Singapore’s central bank on April 14 tightened its monetary policy stance for the first time since 2022 to allow for a stronger currency in the face of soaring oil and natural gas prices from the Iran war.

The Monetary Authority of Singapore said it has steepened the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band – signalling that it will allow the currency to appreciate and dampen the impact of rising import costs.

What this policy change could mean for the cost of living in Singapore? Will it meaningfully ease price pressures for households? How might businesses be affected? And what does it signal about the economic outlook in the months ahead?

On The Big Story, Hongbin Jeong speaks with Tay Qi Hang, Asia Analyst, Economist Intelligence Unit, to find out more.

Singapore&rsquo;s central bank on April 14 tightened its monetary policy stance for the first time since 2022 to allow for a stronger currency in the face of soaring oil and natural gas prices from the Iran war.
The Monetary Authority of Singapore said it has steepened the slope of the Singapore dollar nominal effective exchange rate (S$NEER) policy band &ndash; signalling that it will allow the currency to appreciate and dampen the impact of rising import costs.
What this policy change could mean for the cost of living in Singapore? Will it meaningfully ease price pressures for households? How might businesses be affected? And what does it signal about the economic outlook in the months ahead?
On The Big Story, Hongbin Jeong speaks with Tay Qi Hang, Asia Analyst, Economist Intelligence Unit, to find out more.

The Big Story: Can a stronger Sing Dollar help ease the cost of living pressures from the Iran conflict?

On What’s Trending, Hongbin Jeong and Nadiah Koh dive into the strange new world of AI-generated “slopaganda”, where bright, toy-like animations are being used to spread political messaging about the Iran conflict, and racking up hundreds of millions of views in the process. It looks like entertainment. It feels like entertainment. But is it actually influence?

Then, we switch gears to a completely different kind of viral trend: people paying thousands of dollars just to… read. From countryside escapes to luxury European retreats, reading is being rebranded as a premium wellness experience. So why are people willing to spend so much just to sit still and focus?

On What&rsquo;s Trending, Hongbin Jeong and Nadiah Koh dive into the strange new world of AI-generated &ldquo;slopaganda&rdquo;, where bright, toy-like animations are being used to spread political messaging about the Iran conflict, and racking up hundreds of millions of views in the process. It looks like entertainment. It feels like entertainment. But is it actually influence?
Then, we switch gears to a completely different kind of viral trend: people paying thousands of dollars just to&hellip; read. From countryside escapes to luxury European retreats, reading is being rebranded as a premium wellness experience. So why are people willing to spend so much just to sit still and focus?

Wealth Tracker: Is gold still a safe-haven amidst the Middle East conflict?

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