
Gold’s perfect storm: why I turned bullish
Despite headwinds from weaker Asian demand, rising yields, and risk-on sentiment, shifting market dynamics suggest gold is regaining value.

Despite headwinds from weaker Asian demand, rising yields, and risk-on sentiment, shifting market dynamics suggest gold is regaining value.

Inventory shifts and short covering drove the surge. With stocks rebuilding and hedging normalising, the market may be settling, says Ryk de Klerk.

Traders left holding the world’s priciest copper could struggle to offload the metal if premiums erode – potentially triggering a broader base metals slump.