What turns gold around? Watch the Fed’s breaking point, not the headlines - Kitco
What turns gold around? Watch the Fed’s breaking point, not the headlines - Kitco
Source: Kitco
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DW NOTE
The Fed's reserve rate sits at 3.90% while WTI trades at $103 and gold has fallen 25% from its January high. Gold didn't turn on headlines — it turned when the Hormuz crisis failed to produce sustained inflation panic and traders realized central banks weren't pivoting into an energy shock.