Gold's Resilience Gives Out Recessionary Vibes

Gold is typically one of the best performing assets in recessions.

Gold's Resilience Gives Out Recessionary Vibes

Authored by Simon White, Bloomberg macro strategist,

Gold is typically one of the best performing assets in recessions. Its recent resilience in the face of rising real rates is another sign – along with deteriorating economic data – that recession risks are rising.