Markets

Rudi Fronk: Gold Price to Retake Highs, Bull Run Still Early - Investing News Network

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DW NOTE

Fronk is talking his book while gold is down 23.5% from its January high of $5,318. The "bull run" he's calling early has already given back a quarter of its gains in six months — which is either a correction or a collapse, depending on whether the macro thesis still holds. With the Fed holding rates steady and markets now pricing only 60% odds of a September hike, the rate-driven tailwind has stalled. Oil's 25% off its highs despite 10+ million barrels of daily disruption suggests markets are pricing in normalisation faster than the clearance timeline supports.

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Rudi Fronk: Gold Price to Retake Highs, Bull Run Still Early - Investing News Network

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Brent Breaks $100 for the First Time in Nearly Two Months

Bitcoin climbs as oil tops $100, equities drop after Iran strikes

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