Geopolitics

Gold price at highest level in over three months due to intervention in US sovereign debt - Belga Share

―

DW NOTE

The Belga headline confuses correlation with causation. Gold is up 6.16% this week to $4,690 — not because of bond-buying intervention, but because the Strait of Hormuz has been closed for 132 consecutive days and the US deficit is running at $1.4 trillion through June, 3% above last year. Central banks don't create safe-haven bids. Structural crises do.

Read the full story at Belga Share →

EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u

Gold price at highest level in over three months due to intervention in US sovereign debt - Belga Share

Read more

EM debt fares well amid US Treasury selloff - EnterpriseAM

Gulf Producers Find Workarounds As Hormuz Tensions Persist

Gold SWOT: Large asset managers are rebuilding their gold positions following price pullback - KITCO

Sovereign Debt: The Secret of Gold That Governments Don't Tell - WEEX