{
  "id": 17769580,
  "title": "Gold prices poised for recovery in 2027, says HSBC",
  "url": "https://urgent.news/2026/11/02/gold-prices-poised-for-recovery-in-2027-says-hsbc",
  "topic": "world",
  "section": "World",
  "published": "2026-11-02T08:10:54.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/economy/2026/11/1569092/gold-prices-poised-recovery-2027-says-hsbc"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: Gold prices are anticipated to rebound in the coming year as central banks near the conclusion of their interest rate hikes, rendering the precious metal more appealing to investors, according to HSBC Asia FX Research head Joey Chew. Despite heightened geopolitical tensions, gold underperformed expectations this year, as escalating oil prices instilled inflation concerns and heightened expectations of additional interest rate increases. Chew noted that the correlation between gold and oil prices had transitioned from positive to negative, with surging oil prices increasingly detrimental to gold as markets anticipated stricter monetary policies. She elaborated that previously, gold had exhibited a positive correlation with oil prices; however, this dynamic has shifted. When central banks contemplate raising interest rates due to high oil prices stemming from inflation, gold has suffered. Furthermore, Chew explained that gold's lack of yield rendered it less enticing when interest rates increased, as investors could alternatively generate returns from interest-bearing assets. Nevertheless, she predicted that the outlook might improve next year, as central banks were expected to finalize most of their anticipated monetary tightening by the end of the year. Chew elaborated that if a substantial number of central banks raise rates and effectively conclude their rate increases by the year's end, gold is poised to recover in the subsequent year.",
  "summary": "KUALA LUMPUR: Gold prices are expected to recover next year as central banks approach the end of their interest rate hikes, making the precious metal more attractive to investors.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}