Wealth Tracker: Why gold isn’t rising in a time of crisis

When tensions rise, gold usually shines. But this time… not quite. With the US blockade of the Strait of Hormuz pushing oil prices sharply higher, you’d expect investors to pile into gold. Instead, prices are slipping, and that’s raising a big question… Is gold losing its safe-haven status, or is something else at play here? On Wealth Tracker, Hongbin Jeong speaks to Robin Tsui, APAC Gold Strategist at State Street Investment Management, to find out more.See omnystudio.com/listener for privacy information.