Gold’s relationship with the stock market is changing

Gold’s relationship with the stock market is changing: Historically, gold prices and the performance of the US stock market have an inverse relationship — investors pile into the safe haven asset when markets decline, while a stock rally typically drives down the price of the metal. This traditional wisdom hasn’t quite held true over the past few months, which have seen the stock market jump and fall without resulting in significant price shifts in gold. According to Bloomberg’s QuickTake, gold needs more impetus to see its price rise, such as lasting inflation or a declining USD (watch, runtime: 01:03).