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Gold

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waanie
Occasional Contributor
Howzit, new to the game, does the sell off in the US bond market have any bearing on gold price.
5 REPLIES 5
kwagga
Super Contributor
Yes. Bonds and gold seems to be correlated to a large extent. Bonds down, gold down, bonds up, gold up
waanie
Occasional Contributor
Okay, last week when the bond market rallied, gold price pushed lower.
waanie
Occasional Contributor
Okay, last week when the bond market rallied, gold price pushed lower.
kwagga
Super Contributor
Last week there were many anomalies. Poor week for any type of correlation.
DEP
Super Contributor
Gold is mostly correlated to risk aversion and dollar strength and interest rates expectation in the US.