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Sell gold, buy Treasuries? BI’s McGlone sees risk of reversion in 2026
After reclaiming the $5,000 level on geopolitical uncertainty, gold is seeing some follow-through buying at the start of a new trading week; however, one market strategist warns investors that the precious metal’s elevated volatility does not bode well for further gains through 2026. In a research note published last week, Mike McGlone, Senior Market Strategist at Bloomberg Intelligence, said that gold, which has significantly outperformed U.S. Treasuries and other commodities, could be approaching its endgame if market conditions start to normalize, adding that the current setup carries potentially deflationary ... (full story)
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Global markets experienced heightened volatility on Monday as tariff escalation and geopolitical risks intertwined. All three major U.S. stock indices closed sharply lower, with the Dow Jones Industrial Average falling 1.66%, the S&P 500 declined 1.04%, and the Nasdaq Composite dropping 1.13%. Investors grew concerned after President Trump announced a ...
From zawya.com | Feb 23, 2026
Gold prices rose over 1% to a three-week high on Monday, as the U.S. Supreme Court ruling against President Donald Trump's tariffs sent the dollar lower and injected fresh uncertainty into trade policy, stirring up demand for the safe-haven metal. Spot gold was up 0.9% at $5,146.89 per ounce by 1010 GMT, having earlier risen as much as 1.1% and hit its ...