Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Why Is Rate Cut Despair Sending Gold Skyward? | Presented by CME Group
Posted
April 15, 2024
Views
19,137
Likes
27
Comments
1
Engagement
April 15, 2024
19,137
27
1
0.15%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
0:42Now PlayingSince January, interest rate market expectations of Fed rate eases in 2024 have dropped from six cuts to a mere two or three. While that’s a significant news for the overall economy, of equal significance has been the impact on commodity markets. Given that gold isn't an interestbearing asset, rate cut delays should have been terrible news for the precious metal. Instead, gold has been soaring, hitting a record high in March. What’s the reason for gold’s unexpected reaction?| Presented by @cmegroup
#shorts
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
