Why real yields still matter for gold
The textbook link between gold and US real yields broke down in 2022 and has never fully come back. A few thoughts on what replaced it.
Central bank buying, one year on
Official sector demand has become the floor under the market. Here is how the quarterly numbers looked and what to watch next.
Asia, London, New York: how the gold day is shaped
Most of the daily range is set in a few hours. A simple breakdown of where volatility shows up and why.