6OCT2021: Price of Gold Fundamental Daily Forecast
Rising Yields, Stronger Dollar Continue to Frustrate Gold Bulls
One reason for the frustration is that gold investors look at the metal as a “safe-haven” asset when they should be looking at it as an investment.
Gold futures are down on Tuesday as Treasury yields dipped and the U.S. Dollar mounted a small recovery of its three-day setback. U.S. stock futures are also edging higher in the pre-market session, suggesting increased demand for risky assets.
One reason for the frustration is that gold investors look at the metal as a “safe-haven” asset when they should be looking at it as an investment.
Gold futures are down on Tuesday as Treasury yields dipped and the U.S. Dollar mounted a small recovery of its three-day setback. U.S. stock futures are also edging higher in the pre-market session, suggesting increased demand for risky assets.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.