First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2023/10/20/fear-trade-drives-gold-back-to-2000-price-level-002852
<p><img src='https://www.moneymetals.com/uploads/content/youtube-thumbnail-mikegleason-social.jpg'/></p>As financial markets gyrate, investors are finding safe haven in precious metals. The stock market sold off on Thursday on interest rate fears. It’s not so much the threat of additional rate hikes by the Federal Reserve that has investors scared. It’s more the spike in longer-term bond yields.