CSC: Gold May Grind Higher in 2027 as Real Rate Upside Fades

Cointime reports: China Securities (CSC) said in a November 15 gold investment outlook that the core drag on gold in 2026 was rising real interest rates, and that further upside in real rates is limited in 2027. With this rate-hike cycle largely priced in and continued central bank buying expected to cushion pullbacks, CSC expects gold to trend higher with volatility in 2027. It flagged US-Iran tensions and oil-driven inflation as the main risk variable, though with diminishing impact.