Gold momentum returns as global sovereign yields reprice - KITCO
Gold momentum returns as global sovereign yields reprice - KITCO
Source: KITCO
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DW NOTE
Gold is up 3.66% this week while a supply shock that should send oil through the roof has instead seen WTI fall 26.9% from its one-year high. The market is pricing sovereign debt risk, not commodity scarcity — bond yields are repricing because deficits are structural and central banks have run out of credible tightening room.