Jason Goepfert

7-24-2020 at 5:32 pm

Daily Report : As metals soar, safe-haven correlations are breaking down

Gold has decoupled from other safe-haven assets like the yen. While that in itself hasn't meant much in the past, gold's recent run-up is reaching historic proportions. Other times it streaked like this, and optimism was as high as it is now, proved to be unsustainable for the metal.

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