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 : Talkback Tuesday: What would make you leave the country, and what would...

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

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management 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 Sonia Mycak, Research Fellow, ANU Centre for European Studies discusses the Ukraine-Russia peace plan.

7:45 AM

Morning Brief

Pankaj Kumar, Managing Director of Datametrics Research & Information Centre, talks about the SC’s proposed overhaul of Malaysia’s Main and ACE Market listing rules.

8:00 AM

The Breakfast Grille

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

8:30 AM

Morning Brief

Dr. Renard Siew, Climate Change and Sustainability Expert discusses the outcomes of COP30.

8:45 AM

Morning Brief

Dato’ Dr. Ahmad Faizal Mohd Perdaus, President of Mercy Malaysia, talks to us about the ongoing flooding throughout Malaysia.

9:00 AM

Opening Bell

(REPEAT) Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management 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

People, Planet, Profit

Kevin Lee, CGS International’s Group Head of Sustainability discusses the benefits, challenges, and potential of nuclear energy in Malaysia.

10:05 AM

Open For Business

Koh Peng Chye, Founder, Teh Tarik Nation [Repeat]

11:00 AM

Marketing Mojo

Kiron Kesav, Chief Strategy Officer, PHD APAC, OMG Malaysia [Repeat]

12:00 PM

Enterprise Explores

Mike Way, Head Coach, Harvard University’s Squash Programme, and Bharati Suresh Chand, Founder, Global Edge Pharma & Global Edge Consultancy

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

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

3:05 PM

Beyond the Ballot Box

With the 2025 Sabah state elections just around the corner, Tindak Malaysia shares insights drawn from decades of electoral patterns and constituency shifts.

4:05 PM

Health & Living

From holding racquets to lifting weights, we explore how exercise can lead to hand and wrist injuries and what can be done to prevent them.

5:00 PM

Top 5 at 5

6:00 PM

Talkback Tuesday

What would make you leave the country, and what would bring you back?