Institutions are bearish on gold prices this year, with interest rates and AI sentiment as key factors

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智通财经2026/10/17 10:36

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Institutional climate and commodity economists judged on October 16 that gold prices may gradually decline during the remainder of this year.
They listed two main reasons: the Federal Reserve continuing to raise interest rates, and concerns over the end of the artificial intelligence boom ultimately proving to be only a temporary phenomenon.
This means their assessment of gold prices involves both the path of interest rates and the outlook for the AI boom.
The global head of commodity strategy at another institution stated that gold remains within a range and tends to be near the lower edge of the support area.
This executive believes the primary reason is the significant uncertainty surrounding the Federal Reserve's next move.
Overall, expectations regarding interest rates and risk sentiment alternately dominate, and gold prices lack a clear short-term direction.
Going forward, attention should be paid to Federal Reserve policy signals, changes in sentiment in the AI sector, and the performance of key support levels for gold prices.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Institutions are bearish on gold prices this year, with interest rates and AI sentiment as key factors

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