Gold: Regaining momentum – OCBC

Gold: Regaining momentum – OCBC

0 minutes, 15 seconds Read

Gold rebounded sharply this week, riding on hopes that US government shutdown may be nearing its end. It may sound odd but gold is behaving more like an ‘alpha’ proxy outperforming traditional risk assets. XAU last seen at 4134.79 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note…
Read More

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *