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 : BFM 89.9 -- The Business Station

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

Joseph Sroka, Chief Investment Officer, NovaPoint Capital 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

Selena Ling, Chief Economist, OCBC Bank gives us the outlook for Singapore's economy.

7:45 AM

Morning Brief

Ng Tzu Hann, Founder and CEO of Tradeview Capital, discusses Khazanah Nasional’s latest financial performance.

8:00 AM

The Breakfast Grille

Professor Dato' Dr Adeeba Kamarulzaman, President and Pro Vice-Chancellor, Monash University Malaysia, discusses the strides made in promoting STEM studies to girls and advances in STEM careers for women on International Day of Women and Girls in Science.

8:30 AM

Morning Brief

Anishaa Sundramoorthy of National Young Lawyers and Pupils Committee discusses Malaysia’s lawyer training system and the debates around the clerkship pathway.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Joseph Sroka, Chief Investment Officer, NovaPoint Capital tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Dr. YM Cheng, Founder and Principal Consultant of ChineseZodiacFengshui.com, discusses Fengshui outlook for Commercial and Residential properties for the upcoming Year of the Horse.

10:05 AM

Open For Business

Ian Chua and Venon Tian, Co-Founders, ZUS

11:00 AM

The Workplace

Low Choy Huat, Malaysia People Consulting Leader and Partner, Ernst & Young Consulting Sdn. Bhd, shares how AI tools are helping Malaysian employees save time but many say their workload has increased. So is technology really easing work, or just raising expectations?

12:00 PM

Enterprise Explores

Luthfi Anshari, Customer Success Team Leader, SEAPAC at AppsFlyer

1:00 PM

The Breakfast Grille Repeat

Professor Dato' Dr Adeeba Kamarulzaman, President and Pro Vice-Chancellor, Monash University Malaysia, discusses the strides made in promoting STEM studies to girls and advances in STEM careers for women on International Day of Women and Girls in Science.

2:05 PM

Discovery Hour

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

3:05 PM

Earth Matters

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

Big Issue

Who Protects Consumers On E-Commerce Platforms?

7:00 PM

Stories of KL

Inside Kampung Attap’s Zhongshan Building

8:00 PM

Cruise Control

Daniel Fernandez, Managing Editor, dsf.my