- Analytics
- News and Tools
- Market News
- Gold Price Forecast: XAU/USD's correlation to real rates suffers during hiking cycles – TDS
Gold Price Forecast: XAU/USD's correlation to real rates suffers during hiking cycles – TDS
Gold's correlation to real rates is subject to regime shifts. Strategists at TD Securities find that expectations for Fed funds help to explain the regime.
Momentum is now the winner's trade in gold
“The monthly correlation between gold prices and real rates tends to deteriorate during hiking cycles, which suggests that gold's recent disconnect against real rates is consistent with historical precedents.”
“With 86% of momentum signals pointing long in gold over the past 60d, the charts continue to favor higher gold prices.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
