Global instability, specifically related to the Middle East, is increasing the demand for safe-haven assets like gold. This geopolitical climate presents a strategic window for Hong Kong to solidify its position as a major Asian bullion and financial hub.

The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the first of a three-part series, we examine Hong Kong’s bid to position itself as Asia’s bullion hub. War in the Middle East has intensified global demand to diversify gold storage, creating a strategic window for Hong Kong to tap its unique status and evolve from....