Gold just had one of its ugliest years for volatility in decades. đ„â ïž
Futures have already recorded 7 daily drops of at least 3.5% in 2026 â the most since 2008.
And there are still three months left.
The latest shock came as the U.S. 10-year Treasury yield climbed to its highest level since June 2007, while the 30-year yield hit 5.60%, its highest since 2002. đ
Gold doesnât pay interest.
So when Treasury yields rise, holding gold becomes relatively more expensive.
Now markets are pricing a very different Fed path than they expected months ago: instead of major rate cuts, traders are pricing additional hikes into 2027.
Meanwhile, gold futures are down about 5.4% YTD.
The old âsafe havenâ trade is suddenly facing a very different environment. đ
$XAU
#Gold #Bitcoin #Crypto #Fed #Markets
Futures have already recorded 7 daily drops of at least 3.5% in 2026 â the most since 2008.
And there are still three months left.
The latest shock came as the U.S. 10-year Treasury yield climbed to its highest level since June 2007, while the 30-year yield hit 5.60%, its highest since 2002. đ
Gold doesnât pay interest.
So when Treasury yields rise, holding gold becomes relatively more expensive.
Now markets are pricing a very different Fed path than they expected months ago: instead of major rate cuts, traders are pricing additional hikes into 2027.
Meanwhile, gold futures are down about 5.4% YTD.
The old âsafe havenâ trade is suddenly facing a very different environment. đ
$XAU
#Gold #Bitcoin #Crypto #Fed #Markets
