A Big Reason Behind Gold’s Records That's Not Being Talked About Enough

“Gold is money. Everything else is credit.” — J.P. Morgan

Chart of the Day Good morning! In case you’ve been sleeping under a rock (not the shiny kind), gold has had an incredible run to records this year. The role lower government-bond yields may have had in that isn’t being discussed enough. Recent data show that the 60-day correlation between gold prices and the 10-year Treasury yield is at negative 0.47, hovering near the 2025 low of negative 0.52 hit in late Augu...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In

Events

Trending tickers in our research

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You are reading the last free article for this month.

By continuing, you agree to the Terms of Service and Privacy Policy.

Already have an account? Sign In