Loading ...Never know but generally eco data good or bad isn’t much help to pm’s.
A little hard for me to believe that gold’s surge above $1400 was all about a .25 rate cut or future rate cuts. Bonds have done the cutting for months.
I’d still point to gold’s performance against the USD strength.
At some point the USD is going to reverse course with a vengeance and gold should really run. Have no clue when that will happen though. The rest of the world seems perfectly content to have a strong USD to balance against tariffs and kill our exports.