Everett Millman Analyzes Sentiment In The Gold Market

Everett Millman, Metals Specialist at Gainesville Coins, says the prolonged correction in gold is all about the rise in treasury yields. He sees a short-term downward trend in the chart, but is looking for a 6-month upward trend. He says the sentiment is negative on the gold market right now, with outflows from the gold ETFs. He adds that gold remains in a correction as the dollar and Treasury yields keep rising. He also discusses platinum and the coin industry.

Futures

25 Mar 2021

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Everett Millman Analyzes Sentiment In The Gold Market

Everett Millman, Metals Specialist at Gainesville Coins, says the prolonged correction in gold is all about the rise in treasury yields. He sees a short-term downward trend in the chart, but is looking for a 6-month upward trend. He says the sentiment is negative on the gold market right now, with outflows from the gold ETFs. He adds that gold remains in a correction as the dollar and Treasury yields keep rising. He also discusses platinum and the coin industry.

Futures

25 Mar 2021

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US