What the gold price is telling us

Gold has defied rising bond yields to trade in a range rarely seen before. Is there more in the price than a ‘war premium’? There are reasons to think so. The precious metal may be able to sustain higher prices.

1 Dec 2023

3 minutes

George Cheveley
Gold has defied rising bond yields to trade in a range rarely seen before. Geopolitical risk has been the immediate cause. But is the gold price just reflecting safe-haven demand, or is it telling us something new?

We explore why the precious metal may be able to sustain higher price levels.

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Authored by

George Cheveley

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