【Gold falls to $4,144, yet U.S. Treasury yields climb to 5.23%📉🔥】
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These numbers side by side are really jarring.
Gold’s current price has already dropped to $4,145.
In a single day, it’s down more than 3%.
Silver has fallen even harder, nearing 5%.
The last time it was this low was August 5.
On an intraday basis, this is the most intense drop of August.📉
Money isn’t disappearing—it’s just changing locations.
The 10-year U.S. Treasury yield surged to 5.23%.
This is the first time since 2007.
Gold doesn’t pay interest, but Treasuries lying there can still earn yields.
If it were you, which would you choose?
Things that pay interest are more popular now than “safe-haven” ones.🏦
What’s even more troublesome is that rate-hike expectations are back on the rise.
The Fed just added 25 basis points in September.
This is the first time in three years they’ve taken action.
Traders are betting there’s a 70% chance of another hike in October.
The U.S. dollar index is also sitting above 101.
The market is treating this hike as the starting point, not the finish line.⚖️
Earlier this year in January, gold was still around $5,600.
It has already pulled back 25% from that peak.
Even the central banks buying gold didn’t manage to hold the line.
In Q2, global central banks bought 289 tons.
A record amount—but the price still keeps sliding.
Retail investors are still buying, while the whole market is being smashed downward.🥇
This logic holds true for the crypto market as well.
When non-yielding assets are dumped, no one can escape.
Bitcoin has also fallen back below $83,000.
Funds are withdrawing from high-volatility places.
Money runs toward areas that pay coupons.
If volatility really kicks in, crypto drops faster than anyone else.🪙
This week, there are three data points to watch.
Wednesday’s PCE inflation, Thursday’s ISM.
Friday’s Nonfarm Payrolls is the main event.
Any one of them beating expectations could further add to rate-hike expectations.
Gold and the crypto market will both have to read their faces.
Good data pushes yields higher; bad data is what brings safe-haven demand.📅
📌 When yields are at 5.23%, non-yielding assets can only take hits.
At this level, would you dare to buy gold—or buy crypto?
Join the X Mr. fan group on the home page🔥
These numbers side by side are really jarring.
Gold’s current price has already dropped to $4,145.
In a single day, it’s down more than 3%.
Silver has fallen even harder, nearing 5%.
The last time it was this low was August 5.
On an intraday basis, this is the most intense drop of August.📉
Money isn’t disappearing—it’s just changing locations.
The 10-year U.S. Treasury yield surged to 5.23%.
This is the first time since 2007.
Gold doesn’t pay interest, but Treasuries lying there can still earn yields.
If it were you, which would you choose?
Things that pay interest are more popular now than “safe-haven” ones.🏦
What’s even more troublesome is that rate-hike expectations are back on the rise.
The Fed just added 25 basis points in September.
This is the first time in three years they’ve taken action.
Traders are betting there’s a 70% chance of another hike in October.
The U.S. dollar index is also sitting above 101.
The market is treating this hike as the starting point, not the finish line.⚖️
Earlier this year in January, gold was still around $5,600.
It has already pulled back 25% from that peak.
Even the central banks buying gold didn’t manage to hold the line.
In Q2, global central banks bought 289 tons.
A record amount—but the price still keeps sliding.
Retail investors are still buying, while the whole market is being smashed downward.🥇
This logic holds true for the crypto market as well.
When non-yielding assets are dumped, no one can escape.
Bitcoin has also fallen back below $83,000.
Funds are withdrawing from high-volatility places.
Money runs toward areas that pay coupons.
If volatility really kicks in, crypto drops faster than anyone else.🪙
This week, there are three data points to watch.
Wednesday’s PCE inflation, Thursday’s ISM.
Friday’s Nonfarm Payrolls is the main event.
Any one of them beating expectations could further add to rate-hike expectations.
Gold and the crypto market will both have to read their faces.
Good data pushes yields higher; bad data is what brings safe-haven demand.📅
📌 When yields are at 5.23%, non-yielding assets can only take hits.
At this level, would you dare to buy gold—or buy crypto?
