Posteo

The most unusual scene today: the US-Iran conflict escalates, yet gold is still falling. Normally, war equals a safe haven, so gold should rise. But today spot gold $XAU actually dropped to around $4304, marking the fourth consecutive trading day of decline. The reason is not that the market fears war less, but that it fears another thing more right now—interest rate hikes. #NFPTestsSeptHikeOdds #RobinhoodChainRWAvsMemes #DellAIServerBeat