The story is set mostly in Arizona near an old gold mine. The owner is being threatened and wants Chan's help. It's a good premise but the story is dull and unconvincing. There are not enough suspects to make the puzzle interesting. The killer here is easier to figure out than in most Chan stories. There was one surprise toward the end but it only contributed to the story's implausibility.
Characters are shallow and generally uninteresting. Way too much time is spent on the drunk who stumbles around the swimming pool. This character isn't really needed anyway and my impression is that he functions mostly as filler; the film contains a lot of filler, despite the short runtime.
Outdoor visuals do not look much like Arizona. The mine-shafts add a spooky quality. But film lighting renders the tunnels too bright to be convincingly subterranean. Overall lighting is generally too dark. Production design is predictably minimal and cheap.
As bug-eyed Birmingham Brown, Mantan Moreland is always a welcome addition to the cast. But Victor Sen Yung doesn't add much as Number Two Son. And Roland Winters is dreadful as Charlie Chan. Winters just doesn't have the Chan persona that Warner Oland or Sidney Toler had.
With minimal mystery and suspense, few suspects, and a dull Charlie Chan actor, "The Golden Eye" is below average for this series. Only hard core Charlie Chan movie fans will find much appeal in this film.