risk-off

Oil Jumps 2.9% as Gold and Yields Rise Together

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Oil Jumps 2.9% as Gold and Yields Rise Together

The Setup Crude climbed sharply on Wednesday, with WTI up 2.88% to $95.71 a barrel, while gold added 1.48% to reach $4,459 an ounce. Ordinarily a jump in oil tied to Middle East tension would be read as a straightforward risk-off signal — investors bidding up safe havens and selling equities. That part of the … Read more

Gold Rally Defies Risk-On Equity Surge as Ebola Fear Builds

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Gold Rally Defies Risk-On Equity Surge as Ebola Fear Builds

Gold just posted a 2.08% single-day gain while the S&P 500 climbed 0.79% and the VIX fell 2.67%. That divergence should not exist in a coherent risk-on environment—yet here we are, with bullion hitting $4,593 per ounce as global equity indices march higher. The gold rally is not a hedge against falling equities; it is … Read more