Gold and precious metals: update after recent correction

Gold and precious metals: update after recent correction

From BNP Paribas Wealth Management by Investment Strategy podcast

March 27, 2026 · 16 min

About this episode

Edmund Shing and Philipp Gijsels discuss the recent correction in precious metals markets, focusing on gold's long-term outlook.

In this podcast, Edmund Shing, Global Chief Investment Officer and Philipp Gijsels, Chief Investment Strategist, discuss the recent correction in precious metals markets, with a particular focus on gold and its long‑term outlook. Precious metals prices have recently experienced a significant correction, reflecting changing market conditions. This correction has been driven mainly by higher interest rates, a stronger US dollar and investor profit‑taking. Such pullbacks are not unusual for gold during periods of market or geopolitical shocks and should be seen in a broader historical context. Looking ahead, the long‑term drivers for gold remain intact, supported by structural demand and its role as a hedge against inflation and macroeconomic uncertainty. Hosted on Ausha. See ausha.co/privacy-policy for more information.

People in this episode

Guests: Edmund Shing, Philipp Gijsels

Topics covered

  • gold
  • precious metals
  • market correction
  • investment strategy

Keywords

  • interest rates
  • US dollar
  • inflation
  • macroeconomic uncertainty

Mentioned in this episode

Places: US

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