Gold momentum returns as global sovereign yields reprice - KITCO

Gold momentum returns as global sovereign yields reprice - KITCO

Source: KITCO

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.

Read the full story at KITCO →