Global bond prices continue to decline amid growing inflation concerns and the issuance of artificial intelligence-related bonds. This bond market turmoil has pushed long-term borrowing costs to new highs. Prediction markets have shifted notably toward higher gold price expectations, with some participants forecasting gold at $4,700 per ounce in August 2026. Gold, traditionally considered a safe haven during periods of economic uncertainty, could benefit from the current bond market volatility. Market participants will closely monitor indicators from the Federal Reserve and the U.S. Bureau of Labor Statistics, as well as central bank activities, particularly from the People’s Bank of China.
Source: Read the original article
