USD actually strengthened during the time, so it actually makes sense for gold to trade lower.
Physical gold especially those owned by the central banks are more like token of liquidity rather than reserve or currency. And moves like these are usually more political than economic. In reality it makes very little…
USD actually strengthened during the time, so it actually makes sense for gold to trade lower.
Physical gold especially those owned by the central banks are more like token of liquidity rather than reserve or currency. And moves like these are usually more political than economic. In reality it makes very little…