Part 9/11:
While precious metals benefit from uncertainty, their sustained rise often signals underlying economic fragility. The divergence between rising gold prices and fluctuating Treasury yields illustrates a market seeking protection against political and financial instability. Weakening U.S. economic indicators—such as subdued employment figures, declining retail sales, and manufacturing slowdown—support this narrative.
If gold continues to climb amid slowing economic activity and stagnant inflation, it could be a sign that markets anticipate recessionary pressures or systemic risks, rather than genuine economic strength.