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Market Views: Will gold rise higher or is the shine coming off its rally?

Heather Ng
With market volatility persisting, experts weigh the outlook for gold as both a safe-haven asset and strategic investment.
Market Views: Will gold rise higher or is the shine coming off its rally?

Gold has been on a three-year surge, nearly doubling in value since mid-2022 to sit above $3,300 an ounce. The rally has been driven by mix of economic uncertainty, aggressive central bank purchases, inflationary pressures and geopolitical instability – reinforcing its appeal as a safe-haven asset.

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