Gold's two main drivers: Real Yields & the US Dollar🦅 Gold's two main drivers: Real Yields & the US Dollar
This chart overlays the two macro forces that most consistently drive gold: the 10-Year real yield (10Y Treasury Inflation-Indexed Security, in blue) and the US Dollar (DXY, in orange).
Notice how closely they track each other. They tend to ris
10-Year Treasury Inflation-Indexed Security, Constant Maturity
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