HSBC Warns Gold Has Failed as a Short-Term Volatility Hedge

In a recent report, HSBC strategists stressed that while they expect gold prices to rise by year-end, the prime commodity has not been as effective as an equity hedge in 2026, largely because of the leveraged capital piled up behind gold investments. While gold has enjoyed a multi-year bull run, with institutions predicting it could reach $6,300 per ounce in 2027, its role as a traditional hedge against market volatility has been debated this year.

Source: Bitcoin.com News