A staff member waits to welcome guests in the lobby of the newly inaugurated Dolce Hanoi Golden Lake hotel, the world's first gold-plated hotel, in Hanoi on July 2. From an investor perspective, gold has been a safe haven for thousands of years. Photo: AFP
A staff member waits to welcome guests in the lobby of the newly inaugurated Dolce Hanoi Golden Lake hotel, the world's first gold-plated hotel, in Hanoi on July 2. From an investor perspective, gold has been a safe haven for thousands of years. Photo: AFP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Gold continues to glitter for investors, thanks to the Fed’s policy change and US-China geopolitical tensions

  • The possibility that the recent change in Fed policy could mean higher inflation in the future could underpin the value of gold in the present
  • The run-up to the US presidential election and China-US geopolitical tensions are also bolstering gold’s safe-haven status