Core Viewpoint - The article discusses the current state of gold trading and its disruptions, highlighting the impact of various market factors on gold prices and trading activities [1][2]. Group 1: Trade Disruption - The article emphasizes that trade disruptions are significantly affecting the gold market, leading to fluctuations in prices and trading volumes [1][2]. - It notes that the price of gold is currently at 6009, indicating a specific market condition that traders need to be aware of [1]. Group 2: Market Analysis - The analysis suggests that the ongoing disruptions in trade are creating volatility in the gold market, which could present both opportunities and challenges for investors [1][2]. - The report implies that understanding these disruptions is crucial for making informed investment decisions in the gold sector [1].

She relates the theory of Credit Suisse chief economist Zoltan Pozsar, in which he pointed to “the fundamental shift in global value away from finance and towards physical goods, specifically commodities”, Acheson recalls. Pozsar was developing his theory in response to the Russian invasion of Ukraine.Which brings us to an interesting note in Noelle Acheson’s Crypto is Macro Now newsletter, essential reading for the crypto-savvy.On that last point, though, the correlation might be described as selective. Wh ...