Gold’s Slide Keeps Sinking—Why the Market Is Still on a Long Drought
Gold’s short‑term downtrend is still going strong. Even after a few months of rallying, the market hasn’t shaken off the losses it hauled in right at the start of the year.
After the October Lowlet’s, the Market’s Picked Up Steam—But Be Ready to Get Hit By a Quick Reverse
Last season’s dip in October slammed the market hard. Since then, prices climbed a bit, but that lift might wobble in the near future.
Why Gold’s Still Under Threat
- Interest‑rate optimism turns dim—If the US keeps promising cuts, the whole bond‑buzz can calm when those promises vanish.
- Dollar gets a pick‑up—A stronger dollar is a friend to some assets and a foe to gold, which fights against the dollar’s climb.
- Treasury yields bounce back—Higher yields make gold a less swoon‑worthy contender.
Last week’s job‑market numbers have put even more fuel on gold’s fire. Now, see who turns to this week’s inflation data; it could swing market mood and gold’s own performance.
Big Picture: Global Tensions and Central‑Bank Moves
Electrifying possibilities in Europe, the Middle East, and beyond stay in the mix. Those uncertainties can prop up safe‑haven assets like gold. Meanwhile, powerful central banks churning out gold purchases might keep the metal’s demand humming—helping the market survive in the longer run.
