Gold edges higher as yields fall, silver slips on profit-taking - Kitco PM Report - KITCO

Gold edges higher as yields fall, silver slips on profit-taking - Kitco PM Report - KITCO

Source: KITCO

DW NOTE

Gold is recovering from a 12.5% drawdown, not breaking out. The rally from $4,654 has everything to do with real yields compressing under geopolitical pressure — six months of Hormuz constraints, no US-Iran deal, and oil supply down 4.3 million barrels per day. Silver's lag tells you this isn't a growth story; it's a hedge bid.

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