Miner Company
Oil Shock Sends Yields Higher And Gold Lower
Gold has underperformed despite the Middle East conflict due to surging oil prices, higher yields, and a stronger U.S. dollar. Oil supply disruptions, especially in diesel, are fueling inflation risks and raising the specter of stagflation.
Gold has underperformed despite the Middle East conflict due to surging oil prices, higher yields, and a stronger U.S. dollar. Oil supply disruptions, especially in diesel, are fueling inflation risks and raising the specter of stagflation.