Fluid factors fiddle with upbeat outlook on oil, gold prices
Oil prices seem to be fizzling out, while gold has taken a shine amid the US-China trade limbo and rising risk aversion
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AFTER a strong quarter that culminated in a six-month peak a fortnight ago, the oil rally appears to have fizzled out - and experts can't agree on whether its bull run has ended for good, or there's still legs to it.
On the other hand, gold - true to its safe-haven status - has taken a shine lately since coming off its February high amid the US-China trade limbo and as risk aversion cranked up amid persistent worries of a slowing global economy.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar