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What’s driving gold pricing right now?
This video outlines the key factors that are currently pushing and pulling the gold market. By the time you finish this video, you will have a key understanding of the four major drivers that are influencing gold right now: inflation hedge, yields, USD, and seasonal trades. 1. Inflation hedge: Many traders see gold as an inflationary hedge The desire to own gold in a stagflationary environment can be one of the key drivers underpinning sentiment for gold buying. 2. Yields: Gold is driven by the interplay between inflation, bond yields and the U.S. dollar. Understanding the relationship between these factors is very ...