When Oil, Rates, and Inflation Move Together: What This Week’s Precious Metals Repricing Means for…
The week was defined by a difficult combination for risk assets and precious metals: hotter realized inflation, resilient pockets of real activity, renewed long-end rate pressure, and oil-driven geopolitical risk. April CPI rose 0.6% month over month and 3.8% year over year, while final-demand PPI rose 1.4% month over month and 6.0% year over year, reinforcing the market view that energy disruptio...
Read Full Article

