Trump’s trade policies break negative correlation between gold, real interest rate Related news
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ISTANBUL President Donald Trump’s protectionist trade policies have led gold prices to rise because of constant uncertainties and tensions, breaking the negative correlation between gold and US real interest rates, an expert told Anadolu. Hande Sekerci, chief economist at Türkiye-based IS Portfoy, said gold prices ordinarily move inversely, also known as negatively correlated, against US real interest rates, while gold has been moving upwards, reaching $3,500 per ounce on Tuesday. Since his
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