評論
打印
Oil faces pressure, gold likely pick up in 2016
2016年國際油價面臨更大壓力
Oil prices are expected to face more pressure next year on OPEC's failure last week to agree on how to shore up crude prices. Meanwhile, gold might enjoy a pickup in demand.
Oil hit some bottoms in the first six months of this year but prices suffered again in the second half due to concerns about insufficient demand from China and continued oversupply.
The financial firm UBS believes gold hit a floor after a strong start to the year, then stabilized a bit on new quantitative easing policies from the European Central Bank. However, gold prices ended up lower throughout 2015 with prices sinking more than 8 percent for the year. That was the third straight year of declines in gold.
Looking ahead, UBS says that while the Federal Reserve is likely to raise interest rates, it thinks inflation will probably increase quickly from 0.2 percent to 1.6 percent in the US, boosting the appeal of gold.
