Gold at $4,400: Is the $5,000 Target Becoming a Realistic Scenario? - Investing.com
Gold at $4,400: Is the $5,000 Target Becoming a Realistic Scenario? - Investing.com
Source: Investing.com
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DW NOTE
Gold is down 16% from its January peak. Writing about $5,000 targets while the metal trades at $4,400 and real yields are climbing is fortune-telling dressed as analysis. The Hormuz closure pushed oil up 45% year-over-year, not gold — which tells you what the market actually fears.