Gold price shoots to session high $4,048/oz after Consumer Confidence rises to 91.7 - Kitco
Gold price shoots to session high $4,048/oz after Consumer Confidence rises to 91.7 - Kitco
Source: Kitco
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DW NOTE
Consumer confidence rising while gold surges to $4,048 is the market calling bullshit on the survey. Households may tell pollsters they feel better, but they're still buying monetary insurance against a world where the Strait of Hormuz has been closed for eight months and the Fed holds rates at 4% while crude sits above $99.