Loading ...Try to imagine how high gold would be today without that 855% rise in rates. This is reminding me of the 1970s when they kept raising rates from like 5% to 21% before it finally kicked in.
Ten year Bond price goes down from 2020 as rates go up.
https://finviz.com/futures_charts.ashx?t=BONDS&p=m
Gold price from 2020 still holding. In 2022 they got gold down to $1600, rates are higher now than 2022.