Gold edges up after hitting 2-month low as markets weigh Fed rate path - Kitco
Gold edges up after hitting 2-month low as markets weigh Fed rate path - Kitco
Source: Kitco
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DW NOTE
Gold fell to a two-month low despite the Strait of Hormuz remaining closed for four days and Brent at $104. That's not a hedge against geopolitical risk — that's liquidation to meet margin calls somewhere else in the portfolio.