Understanding Gold correlation with other assets

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Today’s Daily Byte

Today, we’re discussing the softer tone in the broader markets. The Nifty opened with a gap down but managed to recover for most of the day. However, the overall sentiment remains one of softness and weakness, with many earlier gainers and past winners in various sectors gradually drifting down, if not outright falling.

I’ll be presenting some statistics from ET and Mint, and I’ll share my views on this phenomenon—how it’s caught the attention of young folks and why it might not be the best path for them.

Reading Time : 4 Minutes

Gold correlation with other assets

Gold is a unique asset with distinct correlations to other financial instruments, such as the dollar index, equities, commodities, and even newer investments like Bitcoin.

To better understand how gold behaves compared to these assets, it’s helpful to look at some insights from a recent analysis of gold’s correlation with various markets. This can give investors a clearer picture of how gold may perform in different economic conditions.. . . . . .

Reading Time : 4 Minutes

Role of money supply

The US money supply, known as M2, includes all the liquid money in circulation, such as cash and digital forms of currency. Over the past 65 years, M2 has steadily increased, reflecting the rise in money issued by the central bank.

For example, in the 1950s and 1960s, the money supply was around $300 billion. Over time, this has increased, often by 5-7% per year, though some years saw larger jumps, especially during crises like wars or economic downturns. . . . . . .

Reading Time : 3 Minutes