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Gold just set a record. Why?

Gold just set a record. Why?

Gold normally goes lower when interest rates go higher. Why is the opposite happening?

Unhedged · Financial Times & Pushkin Industries

December 5, 202318m 7s

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Show Notes

The price of gold reached a record high last week. That’s surprising, because normally the price of gold goes down when interest rates go higher. Today on the show, we try to figure out what’s driving gold’s rise. Also, we go long Larry Fink and short the jobs report. 


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Read a transcript of this episode on FT.com


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