Mike McGlone|Apr 08, 2025 11:25
Gold's New High vs. Base Metals and Recessions - The ratio of #gold to the Bloomberg Industrial Metals Spot Subindex has jumped to a new high, which is typically associated with US #recessions.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sue9ebt0afb4 {BI COMD}
#commodities #metals #macroeconomics @BBGIntelligence
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