DBS Strategist Outlines Precious Metals And Equities Outlook

Joanne Goh, Senior Investment Strategist at DBS Bank, tells ET Markets she remains constructive on gold and silver and targets USD 5,100/oz by 2H26, citing fiscal risks, central bank buying and a weaker dollar. She warns of froth in parts of the AI trade but expects a 1–2 year consolidation favoring profitable AI leaders, and sees selective value in India and Asia ex-Japan equities.