1 Bloomberg: Along with #bonds, #gold is getting hammered by the #global reset in #interest-rate expectations. It’s a massive unwind of what was one of hottest #trades of last year.
2 Bloomberg: #Bullion, at about $4,699 an ounce, is down 7% on the week and more than 11% so far in March. If that move holds through the end of the month, it would be the biggest drop since 2008. 🧡 #gold