Gold: Rallies face headwinds from Oil and rates – OCBC
Di FXStreet Insights Team
Aggiornato: 8 Jul 2026
ARTICOLI POPOLARI
OCBC Bank’s Sim Moh Siong and Christopher Wong explain that the precious-metals complex has come under renewed pressure following the recent spike in Oil prices. Gold is down nearly 2% and Silver more than 4% week-to-date, as geopolitics work mainly through the Oil, inflation and rates channel.
OCBC Bank’s Sim Moh Siong and Christopher Wong explain that the precious-metals complex has come under renewed pressure following the recent spike in Oil prices. Gold is down nearly 2% and Silver more than 4% week-to-date, as geopolitics work mainly through the Oil, inflation and rates channel. Near term, rallies in Gold and Silver may struggle unless Oil stabilises or Federal Reserve/rates concerns ease.
Non-yielding metals pressured by macro
"The precious-metals complex has come under renewed pressure, following the recent spike in oil prices."
"While geopolitics would normally offer some support for gold, the latest move has worked more through the oil, inflation and rates channel."
"That has weighed on non-yielding assets, with gold down nearly 2% week-to-date and silver falling more than 4%."
"Silver’s underperformance is not surprising given its higher-beta profile. Near term, unless oil stabilises or Fed/rates concerns ease, rallies in gold and silver may still struggle to sustain."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)
Oltre un milione di utenti si affida a FXStreet per dati di mercato in tempo reale, strumenti di charting, approfondimenti di esperti e notizie Forex. Il loro calendario economico completo e i webinar formativi aiutano i trader a rimanere informati e a prendere decisioni ponderate. FXStreet conta circa 60 professionisti tra la sede di Barcellona e diverse regioni globali.
Leggi di più
