Institutions are bearish on gold prices this year, with interest rates and AI sentiment as key factors
智通财经2026/10/17 10:36Show original
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- Institutional climate and commodity economists judged on October 16 that gold prices may gradually decline during the remainder of this year.
- They listed two main reasons: the Federal Reserve continuing to raise interest rates, and concerns over the end of the artificial intelligence boom ultimately proving to be only a temporary phenomenon.
- This means their assessment of gold prices involves both the path of interest rates and the outlook for the AI boom.
- The global head of commodity strategy at another institution stated that gold remains within a range and tends to be near the lower edge of the support area.
- This executive believes the primary reason is the significant uncertainty surrounding the Federal Reserve's next move.
- Overall, expectations regarding interest rates and risk sentiment alternately dominate, and gold prices lack a clear short-term direction.
- Going forward, attention should be paid to Federal Reserve policy signals, changes in sentiment in the AI sector, and the performance of key support levels for gold prices.
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