Gold breaks from its main driver

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-07-31 at 11:30:00 CDT

The price of gold is driven in part by its competition from other investments. The more those other investments yield, the more competition the metal has, and more it tends to struggle. Recently, gold has taken off, even more than real interest rates would imply, suggesting "something" is driving gold higher.

This post is available to SentimenTrader members only.

Log into your account

To view this blog post, you'll need to log into your SentimenTrader account.

Login to your account

Don't have an account?

Sign up to get RISK-FREE access to all of our indicators, models, commentary and award-winning research.

If you've never tried the service before, there is no charge for the first 30 days. Then pay as little as $1.59 per trading day for access to our award-winning research.