Beyond gold and the dollar: How's RMB emerging as a safe haven?

超越黄金和美元:人民币如何成为避风港?

World Today

2026-02-06

53 分钟
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Gold prices are swinging sharply, while the appeal of the U.S. dollar as the world's dominant reserve currency appears to be gradually eroding. Does de-dollarization force the world to rethink safe havens — beyond dollar and gold. And where does the Renminbi stand in this shifting landscape? To explore these questions, host Ge Anna is joined by Yan Liang, Professor of Economics at Willamette University; Sean Chang, Associate Professor of Practice in Finance at the University of Hong Kong; and Chen Jiahe, Chief Investment Officer at Novem Arcae Technologies.
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  • Daily news and analysis.

  • We keep you informed and inspired.

  • This is World Today.

  • Gold prices are swinging sharply,

  • while the peon of the US dollar as the world's dominant reserve currency appears to be gradually eroding.

  • Amid the growing wave of de-dollarization, QTheChinese Yuan become a new safe-having currency,

  • and are we already entering a multipolar era of the international monetary system?

  • Welcome to Road Today, the panel discussion with Miko Anna in Beijing.

  • The U.S.

  • dollar index has recently fallen to a four-year low.

  • Meanwhile, driven by heightened risk aversion over the last couple of weeks,

  • gold prices surged to a record high of $5,500.

  • per ounce.

  • But then, he recorded his largest single-day job in four decades,

  • only to rebound days later with his strongest one-day gain since 2009,

  • reflecting extreme market volatility and investor anxiety.

  • At the same time,

  • the Chinese leadership has emphasized that building a strong nation requires a solid economic foundation and a world-leading comprehensive national strength,

  • economic, technological and institutional.

  • The version includes a strong currency.