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

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. See omnystudio.com/listener for privacy information.