HomeLifestyleFood & BeverageGold Weakness Related To U.S. Dollar Strength

Gold Weakness Related To U.S. Dollar Strength

What is behind the weakness in gold? The U.S. Dollar is rising, and bond yields are spiking. What is happening in the stock market today? Everett Millman says that when there is turbulence in the bond market, the Federal Reserve scrambles and gold tends to sell off as investors want liquidity. Also, Costco (COST) is selling out of gold bars.

Futures

05 Oct 2023

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