Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-recovery-mode-email-service.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-recovery-mode-email-service.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-meta-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-meta-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/l10n/class-wp-translation-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/l10n/class-wp-translation-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/default-filters.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/default-filters.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-duotone.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-duotone.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-user-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-user-query.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/script-loader.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/script-loader.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/media.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/media.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-http.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-http.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-application-passwords.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/class-wp-application-passwords.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-global-styles-revisions-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-global-styles-revisions-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-autosaves-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-autosaves-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-menu-items-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-menu-items-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-font-families-controller.php on line 1

Warning: Uninitialized string offset 0 in /srv/users/amstribuneusr12/apps/berlinverdict-aws/public/wp-includes/rest-api/endpoints/class-wp-rest-font-families-controller.php on line 1
Golden Brokers: Gold, Long Term Fail-Safe Haven | Berlin Verdict

Golden Brokers: Gold, Long Term Fail-Safe Haven

Gold, Long-Term Fail-Safe Haven

Malaysia, 23rd Ausguest 2023, ZEX PR WIRE, The yellow metal holds its value well, making it a reliable safe haven for investors. In general, the price of gold tends to increase as stocks and bonds decline.*

Gold is traded constantly based on the intra-day spot rate and overall, retail traders account for 75.4% net-long positions in gold. *

The longer-term data supports the claim that old is a haven for long-term investors: year-to-date, gold futures are trading 6.08% higher, over the past 1 year, it has risen 9.5% in price. Over the past 5 years, gold has appreciated by a significant 60.25%. *

Short-term perspective

At the time of writing, Gold is trading within a narrow three-month range of $1,893/oz. and $1,993/oz as its volatility remains at multi-month lows. In recent weeks gold prices have been continuing to aim cautiously lower. In response, retail traders have been slowly boosting their long exposures.*

This three-month trading range has seen repeated attempts to break higher and lower in anticipation of US inflation data. Historically, gold performs well in times of surging inflation when gold becomes the perfect safeguard against the erosion of fiat value.* This scenario is probably behind some investors’ gold-buying.

Gold and interest rates

Deflation, not inflation, is the motor behind gold’s rise. As a rule of thumb, gold goes up when governments lower interest rates – a signal of receding inflation.* Thus, the prospect of higher interest rates (as a response to quelling inflation) spells bad news for the ultimate shiny yellow long-term asset.

Gold rises with falling Treasury Yields

This relationship makes sense as gold pays no interest. This makes it unattractive at a time when the real interest (adjusted for inflation) paid on bonds is high.

In the early part of the past decade, the price of gold adjusted for inflation, has been falling as the real yield on government bonds rose. More recently, however, the opposite has been happening: the inflation-adjusted price of gold has risen, while the real interest rate on 10-year Treasury bonds has fallen.

ARIFF AZRAEI BIN MOHAMMED KAMAL, Financial Analyst of Golden Brokers

The Post Golden Brokers: Gold, Long Term Fail-Safe Haven first appeared on ZEX PR Wire

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com

News

CYVO Building During The Bear

Republic of Seychelles, March 8, 2023, ZEXPRWIRE, Cyberattacks are becoming more common and sophisticated, posing a significant threat to individuals and businesses alike. It’s...

Gaylor Electric Celebrates Grand Opening of Its New National Headquarters

Michigan, US, 21st June 2024, ZEX PR WIRE, Gaylor Electric, a leading national electrical contractor with a rich Indiana heritage, announced the inauguration of...

Syntrum Announces $SYTDAO Presale with Multiple Benefits for Token Holders

Dubai, UAE, 11th July 2023, ZEX PR WIRE, Syntrum is proud to announce the upcoming presale of its Syntrum Founders DAO Token. This token...

Church of Scientology Celebrity Centre Nashville to Honor Volunteers and Humanitarians on World Humanitarian Day

Nashville, Tennessee, 16th August 2024, ZEX PR WIRE, The Church of Scientology Celebrity Centre Nashville will host a special gathering on Saturday, August 17,...

‘Stay Xmas with Me’ Sure to Pull a Pint or Two with NRVT this Xmas

London, UK, December 20, 2020, ZEXPRWIRE,  NRVT has got the funk! He got the funk.  The crackers go clunk, bang!  What has got to be has...

Canada Visa For Croatian, Greek, Slovak, and Uruguay Citizens

CANADA VISA FOR CROATIAN CITIZENS Canada, a developed country in North America, sits directly above the United States. Canada has become a popular vacation destination...

Scholarplaces Announces Methods to Improve Credit Score

Atlanta, Georgia, 27th August 2022, ZEXPRWIRE, when it comes to improving credit scores, Scholarplaces provides quality information on how to improve your credit score....