Gold is still in its ‘explosive phase,’ says Deutsche Bank, as it sticks to year-end target
Reported by MarketWatch · marketwatch.com · August 3, 2026
Going back as far as 1957 and a few periods notwithstanding, gold tends to outperform CPI and in the last couple of yars this has been especially pronounced.
What the tape says
What to watch: Rate relief reduces cost of capital — typically bullish for leveraged businesses and housing.
Market reaction today: $TGT +2.69%
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