Why gold and stocks are partying together

4 pointsposted 21 hours ago
by zerosizedweasle

2 Comments

Fade_Dance

20 hours ago

>it’s going to end with an unpleasant surprise for many. Investors who bought the yellow metal as a hedge are going to find it was anything but, as gold falls along with AI stocks.

We already saw a hint of that last week, with gold and silver and miners selling off aggressively alongside risk assets.

It will be a while before the speculative risk-on aspect of the gold trade stops dominating the price action.