Is gold ironically losing its shine when inflation is rearing its ugly head? - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 7 November 2022

Is gold ironically losing its shine when inflation is rearing its ugly head?

In the competition between dollar and gold in the risk-off flows, the dollar has won hands-down because of the stronger momentum in its favor. Logic doesn’t work when momentum is in play. That explains the unexplainable fall in gold in these turbulent times. Interesting times to watch out for.

from Commodities-Markets-Economic Times
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