Gold breaks from its main driver


  • Jason Goepfert

    Jason Goepfert

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

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.


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