The decision by the Hong Kong-based parent company, Emperor Entertainment Hotel Ltd, capitalises on surging global gold prices driven by geopolitical instability and unpredictable trade policies. While the gold bricks were originally installed to cultivate a sumptuous atmosphere, the group noted that current market conditions presented an ideal opportunity to liquidate the assets and strengthen its financial position, The Guardian reports.

The removal of the bullion coincides with a broader shift in Macau’s economic landscape. Following pressure from Beijing to diversify beyond the gambling sector, the Grand Emperor shuttered its casino operations last October. As the hotel prepares for a comprehensive redevelopment of its facilities, management stated that the opulent interior theme is no longer relevant to its future branding.

The proceeds from the sale are expected to be reinvested into new entertainment and amusement ventures as the territory seeks to maintain its status as a global tourism hub without relying solely on gaming revenue.