Gold Slumps as Markets Price More Fed Hikes
AI Summary
Gold prices are falling as oil rises, real yields climb, and markets anticipate further Federal Reserve rate hikes. The report notes that some central banks in China, Asia, and emerging markets are adding bullion, while retail investors have shifted toward speculative AI stocks.
Gold is sinking as oil spikes, real yields rise, and markets price in more Fed hikes—even as China, Asia, and emerging‑market central banks quietly load up on bullion. In today's metals spotlight , Nicky Shiels, MKS Pamp Head of Research and Metals Strategy joins us to unpack gold’s short‑term pain, long‑term bullish case, and why retail money has ditched gold for speculative AI stocks. (Source: Bloomberg)