Why Rising Bond Yields Matter More to Gold Than Investors Realize - StoneX

Why Rising Bond Yields Matter More to Gold Than Investors Realize - StoneX

Source: StoneX

DW NOTE

The 10-year Treasury yield sits at 4.57% while gold has fallen 23.5% from its January peak to $4,070. That's the relationship StoneX wants you to notice: real rates matter, and when they turn positive, gold stops being the obvious trade. The metal spent two years pricing in currency collapse that never came.

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