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


  • Jason Goepfert

    Jason Goepfert

    Published: 2020-07-24 at 17:32:02 CDT

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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