Gold, Silver Gain for the Week Despite Oil and Interest Rates Surging - BullionVault
Gold, Silver Gain for the Week Despite Oil and Interest Rates Surging - BullionVault
Source: BullionVault
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DW NOTE
Gold climbed 1.13% this week while the 10-year Treasury yield rose 3.16% over the month — a direct contradiction of the usual inverse relationship. Either investors are pricing multiple tail risks at once, or gold's 23.7% drawdown from January has created a zone where it behaves less like a zero-yield competitor to bonds and more like insurance no one trusts to pay out.