Gold prices have turned downward. Economists at OCBC analyze the yellow metal’s outlook. Gold prices can outperform at end of Fed tightening cycle We
Gold prices can outperform at end of Fed tightening cycleNear term, rates staying ‘high for longer’ and higher real yields could still weigh on Gold prices until a Fed pivot comes into sight. To put in perspective, the Fed tightening cycle is likely to have ended. Historically, Gold prices can outperform at end of Fed tightening cycle.
Looking on, we keep a look out on the upcoming Jackson Hole Symposium for any hints from Fed on earlier policy shifts.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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