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;

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 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.