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Goldman Sachs Delays $3,000 Gold Forecast, Sees Fewer Rate Cuts In 2025
Gold Slips As Bears Tighten Grip: Analysts Maintain Negative Outlook
Gold Futures Likely To Be Volatile Next Week
As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Emerging-Market Currencies Diverge From Gold on Trump Haven Bid
Gold Price Holds Ground Due to Safe-haven Demand Amid Rising Tensions in Middle East