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Gold Tumbles Below $1900 – Erases All Post-Putin Risk-Premia

Tom Hagler by Tom Hagler
25.04.2022
in Finance
Gold Tumbles Below $1900 – Erases All Post-Putin Risk-Premia
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Gold Tumbles Below $1900 – Erases All Post-Putin Risk-Premia

…as if it never happened.

Judging by the ‘safe haven’ derisking in the barbarous relic, Putin’s invasion of Ukraine and the subsequent chaos in global markets is a nothingburger. For the third time since the Russian President invaded Ukraine, Gold has broken back below $1900…

Will the third time be the charm for a test of $1900?

 

Tyler Durden Mon, 04/25/2022 – 08:28

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