🌅 Macro Insights: Rising gold prices breaks the trend Gold ...

🌅 Macro Insights: Rising gold prices breaks the trend

Gold is currently trading at around USD3,350 per ounce, far above where historical trends suggest it should be – under USD2,000. Typically, when interest rates rise, gold tends to fall, since it offers no yield. This relationship held from 2007 to 2021, but since 2022, the pattern has broken ⛓️‍💥

Looking at data from 2022-25, there is no longer any clear link between real interest rates and gold prices, and we expect gold to continue to shine amid the ongoing uncertainty. Find out what’s driving the rising interest in gold.