Gold falls below $4,000, yen rises to resistance level, market becomes picky about 'safe-haven assets'
Gold fell below $4,000 this week, hitting a three-month low, diverging from US Treasury yields despite heightened global risk aversion. Analysts attribute gold's weakness to the fading speculative sentiment over the past year and rising expectations of interest rate hikes. Meanwhile, the yen, with its 40% undervaluation, has become Goldman Sachs' top choice as a hedging tool, quietly reshaping the landscape of traditional safe-haven assets.
华尔街见闻•2026-10-24 01:21