Is gold taking a step back before beginning another mega rally? - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Saturday, 4 September 2021

Is gold taking a step back before beginning another mega rally?

It seems the yellow metal is ignoring traditional triggers of the market, which have become visible more since 2019. Earlier, gold reacted to geopolitical tensions and rise in crude oil prices and besides the fluctuations in the Dollar Index and also euro. Now it is reacting more to the performance of equity markets, which have been attracting a lot of capital flows and hitting new highs every week.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

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