Tuesday, February 16, 2021

Rising Real Interest Rates Bad, Very Bad For Gold

While 10 and 20 year real rates are still negative the thirty year is within a few bips of going positive, with the trend of the other two heading that way.

From Kitco:

Live 24 hour Gold Chart

Spot down $21.30 at $1797.10 after trading down to $1787.90, most active (April) futures $1796.5  -26.7