BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Top Story  >  Will Gold Continue To Shine?

Will Gold Continue To Shine?

Christopher Wong, FX Strategist, OCBC

22-Aug-24 07:45

Will Gold Continue To Shine?

The price of gold rallied to a new high this week surpassing US$2,530 an ounce, surging by over 20% year-to-date. The rally is said to be driven by growing investor confidence that the US Federal Reserve will cut interest rates next month. Christopher Wong, an FX strategist at OCBC, shares his view on whether or not this rally still has legs and if investors should consider adding gold to their portfolios.

Image Credit: shutterstock.com

Produced by: Natalie Tan

Presented by: Wong Shou Ning, Keith Kam, Philip See


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  marketsinvestmentssponsored content

Tags:  celcomdigi2024gold rallygold pricesus federal reserveinterest rate





Play / Pause

Listen now : The 6AM Stretch: Thought-provoking discussions on ideas, people and events shaping our...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Dr. Deborah K. Elms, Head of Trade Policy, Hinrich Foundation talks about the US Supreme Court's decision on tariffs.

7:45 AM

Morning Brief

Dr. Azmi Hassan, Senior Fellow at the Nusantara Academy for Strategic Research, discusses the unfolding events of the Malay political factions, and DAP's upcoming party congress.

8:00 AM

The Breakfast Grille

Rubens Marques, Head of South & Southeast Asia, Louis Dreyfus Company, discusses the company's food sustainability strategy in the region.

8:30 AM

Morning Brief

Dr. James Dorsey of the S. Rajaratnam School of International Studies discusses rising US-Iran tensions as Trump hints at a possible strike.

8:45 AM

Morning Brief

Nik Nazmi Nik Ahmad, MP for Setiawangsa discusses the alleged corrupt practices within the MACC.

9:00 AM

Opening Bell

(REPEAT) Kingsley Jones, Chief Investment Officer, Jevons Global tells us where international markets are heading.

9:15 AM

Opening Bell

Peter Kong, Head of Research, Kenanga Investment Bank discusses ESG in Malaysia.

9:35 AM

Pinnacle Perspectives

TC Chew, Managing Director of APAC for Arup, discusses the benefits of the revived KL–Singapore high‑speed rail (HSR) project.

10:05 AM

Open For Business

Adrian Chia, Co-Founder & CEO, Big Tiny

11:05 AM

P&L

Renganathan Kannan, Executive Director, TRATAX

12:00 PM

Enterprise Explores

TikTok Shop US hit $15.1B, but the growth isn't from viral live streams, it's the boring "Shop Tab." Momentum Works explains why American consumers are favoring traditional search over live streams, and compares this to Southeast Asia’s $45.6 billion mature ecosystem.

1:00 PM

The Breakfast Grille Repeat

Rubens Marques, Head of South & Southeast Asia, Louis Dreyfus Company, discusses the company's food sustainability strategy in the region.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

3:20 PM

Earth Matters

Macaranga Wrap-Up

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Today I Learned

A Skeptic’s Take on the Epstein Files

7:00 PM

Just For Kicks

8:00 PM

A Bit of Culture