Wall Street doubts gold’s near-term strength, Main Street maintains bullish minority as central banks take center stage - Kitco
Wall Street doubts gold’s near-term strength, Main Street maintains bullish minority as central banks take center stage - Kitco
Source: Kitco
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DW NOTE
Wall Street expects gold to weaken while it sits 25% below its January high and the Strait of Hormuz remains effectively closed for a sixth day. That's not contrarianism, that's amnesia — or a view that $100 oil and a 5.1% ten-year yield have already priced the entire geopolitical risk schedule through 2027.