Here are the four basic things you need to know about trading gold. Keep on top of each of these and you are a long way to understanding what moves gold markets. Real yields What are real yields? Real yields are bond yields minus inflation. Falling real yields is good for gold, and rising real yields is bad. If inflation pressures quickly fade then that will mean real yields can start rising and that is a pressure for gold. However, look at real yields in conjunction with the USD. Ideally, you want real yields and the USD moving in the same direction to get a conviction on a move. See USD point below. The USD has a ... (full story)