US Fed's persistence challenges gold's safe-haven status

With the recent fall, gold is nearly 12% lower than the highs set in early March this year in response to Russia’s invasion of Ukraine. In comparison, the Reuters CRB commodities index has corrected nearly 6% from the 2012 high set last month. As against this, the MRCI World equity index has fallen nearly 20% from the highs set in January.

US Fed's persistence challenges gold's safe-haven status
With the recent fall, gold is nearly 12% lower than the highs set in early March this year in response to Russia’s invasion of Ukraine. In comparison, the Reuters CRB commodities index has corrected nearly 6% from the 2012 high set last month. As against this, the MRCI World equity index has fallen nearly 20% from the highs set in January.