Gold Prices Surge to New All-Time High While Small-Caps Lag Behind
Monday, 1 April 2024, 20:35
Gold prices (GC=F) Reach All-Time Highs
Gold prices have surged to record highs, signaling a significant shift in market dynamics.
Rising Bond Yields Impact Market
- The rise in bond yields, notably the 10-year Treasury note yield (^TNX), is contributing to the surge in gold prices.
- Small-cap stocks (^RUT) are notably underperforming relative to the broader market.
Yahoo Finance's Jared Blikre analyzes how the ISM's manufacturing PMI print is affecting market sentiment and investment decisions.
Expert insight is crucial in understanding the current economic landscape, offering valuable guidance amid these fluctuations.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.