This week, gold fluctuated within a narrow range, with a weekly fluctuation of only $26. This kind of performance has been relatively rare in the past two years. The market is waiting for further clarification of the news.
The divergence between the gold price and the real interest rate trend of U.S. Treasuries since June of this year is confusing. As shown in Figure 1, the real interest rate of the 10-year U.S.
Gold is one of people's favorite jewelry and the oldest trading medium. It has the properties of value preservation and appreciation, can fight inflation, and has the effect of hedging risks. But recently, the two attributes of gold seem to be slowly disappearing.