Gold falls back below $4,000; analyst sees limited downside on oil-linked war risk

Gold had a steep fall on Friday and is back below $4,000. Analyst Robin Brooks notes gold has had a negative correlation with oil since the war began, with a 10% rise in Brent implying a 4% drop in gold, and sees limited downside for gold on an imminent return to a hot war.

Detected & updated continuously · Source: Nebula