Gold got an opportunity this week to make the breakout happen but apparently it is just not the time. Starting on Tuesday and following through into post-FOMC trading on Wednesday and Thursday, the 10yr T-Note yield declined sharply from 4.1% to just above 3.8%. This was enough to send the gold price higher to $2,083 (GC futures) but not enough to push …
© 2024 Chris Rutherglen PhD
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