Gold price is here inverted, but it looks like there could be some potential upside as it is lacking behind the 10-year treasury inflation-indexed rates (TIPS) and they are normally correlated.
This is because when real rates rise the price of gold normally falls because it does not generate a yield.
Either rates will rise or gold will go up, but it looks like a safe bet to invest in gold here.
This is because when real rates rise the price of gold normally falls because it does not generate a yield.
Either rates will rise or gold will go up, but it looks like a safe bet to invest in gold here.
