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Precious Metals Rebound Over Past Two Days, Decouple From Crude Oil's Negative Correlation

2026-07-22 13:13:15

According to Caisin Futures research dated July 22, precious metals rebounded over the past two days and decoupled from their negative correlation with crude oil amid ongoing geopolitical tensions. Central bank purchases of precious metals are providing price support as major central banks move into tightening cycles, including the European Central Bank, Bank of Japan, and Bank of Korea, alongside emerging U.S. Federal Reserve rate hike expectations.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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