Miner Company
Wall Street Breakfast Podcast: Gold Loses Safe Haven Shine
Gold has sharply declined, falling 14% since the Iran conflict, as inflation and rate hike fears override its safe haven status. Traders are pricing in a 'higher-for-longer' rate environment, with bullion and other precious metals under pressure despite geopolitical tensions.
Tickers: AAAUDGLDGPGLDGLDMIAUIAUFOUNZUGL
Gold has sharply declined, falling 14% since the Iran conflict, as inflation and rate hike fears override its safe haven status. Traders are pricing in a 'higher-for-longer' rate environment, with bullion and other precious metals under pressure despite geopolitical tensions.