HomeMarketsFuturesGold Competing For Safe Haven Flows

Gold Competing For Safe Haven Flows

With interest rates moving higher, is the gold price around $1,930 a good scenario for bull traders? The 10-year yield is at its highest since 2007. Everett Millman compares gold to the U.S. Dollar. What effect will the Jackson Hole Symposium and Jerome Powell have? There is also the BRICS Summit in South Africa. Millman says that there is a divergence between U.S. and global gold and silver markets.

Futures

22 Aug 2023

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