101 days ago • Posted by Charles-Henry Monchau
Gold vs. U.S 10 year real rates (inverted): is the tide turning for the yellow metal?
Wil U.S real rates moving higher recently (inflation unchanged but U.S bond yields going up), Gold has been losing some momentum. For Gold to move higher, we need to see inflation expectations moving higher, US dollar weakening to continue and EM retail demand to see further recovery. - source: The Market Ear, Refinitiv