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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.
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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
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waanie
Occasional Contributor
Okay, last week when the bond market rallied, gold price pushed lower.
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waanie
Occasional Contributor
Okay, last week when the bond market rallied, gold price pushed lower.
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kwagga
Super Contributor
Last week there were many anomalies. Poor week for any type of correlation.
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DEP
Super Contributor
Gold is mostly correlated to risk aversion and dollar strength and interest rates expectation in the US.
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