Gold holds above $4,000 as Fed decision keeps traders defensive - Kitco AM Report - KITCO
Gold holds above $4,000 as Fed decision keeps traders defensive - Kitco AM Report - KITCO
Source: KITCO
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DW NOTE
Gold at $4,030 is 24% below its January peak of $5,318 — this is a protracted retreat, not consolidation. The Fed decision matters less than the fact that real rates have turned positive while inflation prints at 3.5%. Defensive positioning now looks like capitulation in slow motion.