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‘Gold is a high-beta asset’ and its safe-haven status is now ‘compromised’ – Brookings’ Brooks
Gold used to be a good hedge against market pullbacks, but that's no longer the case, and the yellow metal now qualifies as a high-beta asset – one that actually magnifies rather than mitigates market selloffs, according to Robin Brooks, Senior Fellow at the Brookings Institution and former Chief Economist at IIF and Chief FX Strategist at Goldman Sachs. In a new analysis, Brooks said something bad is happening with gold. “Gold has traditionally been a safe haven asset, which means it’s been a good place to hide when other assets plummet,” he wrote. “That hasn’t been true in the past six weeks of war. ... (full story)
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From @FirstSquawk|Apr 13, 2026|59 commentsUS OFFICIALS: MEDIATORS WORKING VIGOROUSLY TO RESTORE WASHINGTON-TEHRAN TALKS TO COURSE - ABC A U.S. official says engagement between Washington and Tehran is ongoing, with continued movement toward a potential agreement. - FOX
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- Apr 13, 2026 1:48pm Posted byFundamental Analysis240
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