Alliance Trade
Gold remains under pressure as investors reassess the outlook for inflation, energy prices and interest rates.
Higher oil prices can add to inflation concerns, while expectations for tighter monetary policy can reduce the appeal of non-yielding assets such as gold.
📊 That puts gold between two competing forces: demand for safety and the pressure created by higher rate expectations.
For markets, the next moves in oil, inflation expectations and central-bank policy will remain important.
Oil and rates are reshaping the picture for gold.
Higher oil prices can add to inflation concerns, while expectations for tighter monetary policy can reduce the appeal of non-yielding assets such as gold.
📊 That puts gold between two competing forces: demand for safety and the pressure created by higher rate expectations.
For markets, the next moves in oil, inflation expectations and central-bank policy will remain important.
Oil and rates are reshaping the picture for gold.
