
Mike McGlone|Mar 13, 2025 11:06
Gold vs. Industrial Metals Signaling Recession - The ratio of #gold vs. the Bloomberg Industrial Metals Spot Subindex (BCOMIN) is near the highest ever and in global #recession territory. Or is the #preciousmetal too hot relative to base #metals on the cusp of reflecting an economic rebound? My bias is the former
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/st2425t0afb4 {BI COMD}
#commodities #copper #stockmarket #macroeconomics @BBGIntelligence
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