Post
Noorfati
Suffered a -524% loss hit by $XAU gold, confused, I went to check and found out there's such a thing:
War usually benefits gold, but this time the market logic has a crucial change — the "inflation and interest rate hike expectations" brought by war temporarily outweigh the safe-haven demand.
Simply put:
1. War pushes up oil prices, but rising oil prices don't necessarily benefit gold
#NFPTestsSeptHikeOdds #RobinhoodChainRWAvsMemes
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$85,190.4+0.00%
ETH/USDTEthereum
$2,696.54+0.00%
ZEC/USDTZcash
$1,319.79+0.00%
Today’s market buzz
1#FedECBMeetingMinutes
2#BTCETHETFFlowsDiverge
3#BessentTreasuryYields
