OCBC: High yields and oil prices weigh on gold prices

智通财经2026/09/25 03:46

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OCBC Bank analyst Christopher Wong stated: “Rising yields, high oil prices, and positive economic data create an unfavorable environment for gold. If yields continue to go up, it’s not surprising for gold prices to remain under pressure.” He added that the long-term logic has not changed, but for gold prices to see a new significant rally, a new catalyst is most likely needed.

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