Gold's Fading Glory Days: A Shift to Risk Asset Facing the Fed Gold has achieved multidecade highs vs. past performance, US Treasury bonds, and in volatility and correlation vs. the stock market. Is the rally sustainable? My analysis points to a prolonged period of underperformance following the rush above $5,000 an ounce in 1Q. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tkbikqr24u84{BI COMD} #gold #bonds #stockmarket @Bloomberg(Mike McGlone)