Gold Reclaims $4000 as Data Show Modest Speculative Retreat Before Latest Sell-Off - BullionVault
Gold Reclaims $4000 as Data Show Modest Speculative Retreat Before Latest Sell-Off - BullionVault
Source: BullionVault
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DW NOTE
Gold is down 25% from its January high while the Strait of Hormuz remains closed and oil supply is contracting 6% this year. The safe-haven trade died the moment professional money decided monetary tightening mattered more than supply shocks.