- Entry
- $46.90
- Now
- $39.56 -15.7%
- Target
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- Score
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gold was supposed to be the war hedge. instead its down almost 3% this week while brent crude ripped 18% higher. the mechanism is straightforward but people arent seeing it. oil above 100 is fueling inflation, inflation expectations are pushing rate cut timelines out to late 2026 at earliest, the dollar is strengthening because US energy independence looks relatively better than europe or asia, and higher rates kill golds appeal since it pays no yield. the war premium that was …
— ORIGINAL POST ·
Gold just posted its first weekly decline in five weeks and nobody is connecting the dots
· r/investing
· Apr 24, 2026