Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats Amid Global Bond Market Sell-Off - FXEmpire
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats Amid Global Bond Market Sell-Off - FXEmpire
Source: FXEmpire
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DW NOTE
Gold is down 17% from its January peak while the Strait of Hormuz remains effectively closed and 2,000 ships sit stranded in the Gulf. That tells you the market priced the crisis, then decided it was someone else's problem. Meanwhile bond yields are rising — the 10-year is up 2.86% in a month — which means real rates are climbing and holders are finally demanding compensation for financing a $1.4 trillion deficit while inflation runs well above target.