https://www.channelnewsasia.com/bus...e-highs-record-investing-cna-explains-4195566
This latest rally in gold price over the past month is unique in that gold is trading higher alongside other risky assets like equities," said UOB's head of markets strategy Heng Koon How.
"In this case, it is likely that gold and other risky assets are being repriced higher as investors come to a consensus that the US Federal Reserve is likely to start cutting rates from June."
This latest rally in gold price over the past month is unique in that gold is trading higher alongside other risky assets like equities," said UOB's head of markets strategy Heng Koon How.
"In this case, it is likely that gold and other risky assets are being repriced higher as investors come to a consensus that the US Federal Reserve is likely to start cutting rates from June."