Wealthy Investors Shift from Dollar to Gold and Crypto Amid Economic Volatility

UBS reports a significant pivot among high-net-worth clients away from U.S. dollar-denominated assets toward alternative investments like Gold and cryptocurrencies. Amy Lo, co-head of UBS Group’s Asian Wealth Management, attributes this trend to economic uncertainty fueled by recent trade policies.

"Gold is very popular now," Lo remarked at Bloomberg’s New Voices event in Hong Kong. The surge in demand for crypto and precious metals reflects broader skepticism about traditional markets. Investors are diversifying into assets perceived as hedges against volatility.

While the report doesn’t specify particular cryptocurrencies, the trend underscores growing institutional interest in digital assets as a macroeconomic safeguard. This movement aligns with a global recalibration of portfolios amid geopolitical and trade tensions.