Monday, December 3, 2018 12:18 PM EDT
Since middle September 2018, the copper has been trading in a narrow range of $2.65 – $2.88 per pound.
In this article: JJC
Latest Comments
US 10-Year Treasury Note Yields And The Price Of Gold
Chui,
Not really. It means that now gold prices go in tandem with US treasuries prices. Generally, gold prices go up when US real interest rates go down or stay low (e.g. are negative).
This Gold Rally Is Suspicious
I have already explained it. Starting from December 2012 $GLD holdings were decreasing. So were gold prices. What is the problem then?
Unless this indicator stops working I will be following it. What is more, I will tell you when it does not work any longer.