What’s Behind the Gold Vibe Shift? | Presented by CME Group
Bloomberg Television·2025-11-14 15:30
After putting in an all-time high near $4,400 an ounce in mid-occtober, gold experienced a sharp sell-off, losing 11% of its value in just 7 days, including the largest 1-day drop in over a decade. But was this a fundamental narrative change or just a reflection of extended market positioning. Many analysts believe it's the latter, citing the parabolic 30% rally that began in late August.This up move corresponded with several high-profile banks and individuals advocating for gold to be a bigger part of an i ...