Loading ...In mid 2018 the 10 year rate was 3% and Gold was $1200. Today Gold is $1627 and the ten year rate is even higher at 4.22%.
So the higher rates don’t seem as powerful or effective against Gold these days. Strange I hear mortgage rates are over 7% 3 points above 10 year. So if 10 year Rates go to 8% will mortgages go to 11%??? And gold to $1200?
Maybe this will all change after the elections in November?