Loading ...That means, if USD and Bond rate did NOT go higher, Gold would probably be over $2000 at least. So we can can say Gold airspeed is going faster, adjusted for the head winds.
10 year rate 1.13% on 8/4 plus 43% higher today at 1.63%.
US Dollar Index 92 on 8/4 plus 2% higher today 93.8%.
Gold is the bottom line, the end game, the Dollar is tired and worn out.