Gold’s September has gone from disappointment to rout: the metal has fallen from 4,396 to near 4,200, and every attempt at a bounce has been sold within hours. Assigning blame is easy — there are three culprits, and they all point the same way. Culprit one: the revived dollar August’s dollar stall is history. The […]
Gold’s magnificent August is being unwound, fast. The metal has fallen from its late-August peak near 4,558 to a low of 4,143 this week, closing near 4,186 — a decline of more than 8% in seven sessions. The summer recovery, which had carried gold from 3,955 to within sight of the June breakdown at 4,578, […]
September arrives with every major market extended, every central bank on deck, and a calendar loaded enough to move all of them. Here are the five things that matter most. 1. The Fed meeting The single biggest event. The market wants clarity on the first rate cut; the Fed wants optionality. The gap between those […]
Here’s the question every gold bear is asking this week: the dollar hasn’t fallen — so why is gold surging? The metal has climbed from 3,955 to near 4,600 in seven weeks, and the usual inverse correlation with the dollar has decoupled. USD/JPY is still elevated, the dollar index is flat rather than down, and […]
Three assets dominate every financial crisis: gold, the dollar, and the yen. Understanding how they interact — because they don’t move in lockstep the way beginners expect — is essential market literacy. The hierarchy of safety When genuine panic hits, the market sells everything liquid and buys the dollar first. It’s the world’s funding currency, […]