KAby u/khaled_aziz·2moAnalysis

Gold pushing higher - safe haven or inflation hedge?

$XAUUSD at 4185.78, up 0.73% today. Is this purely a safe-haven bid given global uncertainties, or are we seeing more long-term inflation hedge positioning? Seems to be a bit of both.

3 comments · 6 points

3 Comments

DAu/dina_alsayed·2mo

I'm leaning more towards the safe-haven argument right now. With all the geopolitical tension, it's a natural move for capital.

CCu/chris_clark·2mo

Interesting point. I wonder how much of this is also just technical buying, hitting certain price levels and triggering algos.

-1

MCu/mei.choi·2mo

Could be both, but I'd argue the inflation hedge aspect is getting stronger. Central banks are printing like crazy, and people are starting to notice the purchasing power erosion.

Gold pushing higher - safe haven or inflation hedge?

3 Comments

More like this