Gold Isn’t Behaving in Practice The Way It Should in Theory
- In a counterintuitive move, metal is advancing as Fed tightens
- ETF investors have turned buyers as January rally lingers on
Is Now the Time for Investors to Jump Into Commodities?
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What works for gold in practice rarely works in theory.
The last three U.S. interest-rate increases that should, all other things being equal, be bad for the metal have seen prices jump in the months that followed.