Every move in gold we have explained, newest first, with the evidence and the test each explanation had to pass.
+0.59% to $4,018
Gold recovered above $4,000 after Friday’s fall to a three-month low. Kitco tied the morning bounce to cheaper oil, but oil recovered most of its fall while gold held its gain. Calmer equity markets, and less selling to raise cash, fit the full session better.
CContestedOpenRead the evidence and the testSealed e30f27c05207
$4,031−0.50%
3 calls: 0 held, 0 failed, 3 open.
Each file stays exactly as published. The status shows how its test has fared.
The drivers behind most moves in gold, and the trap in reading each one.
What the Federal Reserve is expected to do next, and how fast.
How fast prices are rising, and whether that is speeding up.
The strength of the dollar against other major currencies.
The interest rate the US government pays to borrow.
How willing investors are to own volatile assets.
The pace of the world's second-largest economy.
The session's material moves, their drivers and every call that came due. In your inbox every weekday morning. Free to read, one click to leave.
