In recent months, gold not only did not maintain the expected consolidation but entered a phase of steady declines. However, where others fear, SimpleFX affiliates benefit!
Treasury Bond Yields on the Rise, Pushing Gold Lower
Gold bottomed around $1,830 an ounce on Thursday, February 16. The reason is the pressure from the stronger dollar and the increase in Treasury bond yields. This increase, in turn, is driven by hot inflation data, which has sparked fears of a more aggressive Federal Reserve. The current gold price is at a level not seen in over a month.
Bear Market in Gold Prices. Inform Your Friends & Get Up To 50% Revenue
What does the information mentioned above mean for investors? It means a trading opportunity, of course! If you have a large amount of gold in your investment portfolio, or if you don’t have any, now can be a good time to buy it low. Remember that a sudden transfer of capital to one place (long-term US bonds) creates attractive investment opportunities in another area.
It is also great market news for SimpleFX’s affiliates because, as an affiliate, you can inform your friends about the bear market in gold prices. A partnership with SimpleFX Affiliate Program allows you to grab up to 50% of revenues from their transactions. You can increase your passive income and track your network’s activity in Unilink Software.
Why Buying Gold During a Bear Market Could be a Smart Choice
There are many reasons why investing in the nearish gold market may be a profitable move:
- Gold is a long-term investment, not subject to periodic panic.
- Falling gold prices open up new opportunities for long-term investors.
- Buying gold in a downturn allows you to achieve a higher rate of return in the future. Gold will not lose its protective function for capital. In the long term, it will guarantee effective protection against inflation and the possibility of drawing above-average profits.
- The analysis of long-term charts clearly shows that a temporary bear market has no long-term consequences.
- The markets have known the correlation between the value of bonds and the price of gold for almost 50 years.
Grow Your Affiliate Network with SimpleFX
The SimpleFX affiliate program is a great way to earn extra money. We offer intuitive tools and software to track the progress in the affiliate network, and we recently improved the operation of the Program by adding automatic affiliate transfers.
Inform your friends & get up to 50% revenue. Use the referral link or ready-to-use banners to be placed on your blog or social media channel.
Please, keep in mind that SimpleFX is not providing legal, accounting, or financial advisory services, and the “Bear Market in Gold Prices. Inform Your Friends & Get Up To 50% Revenue” article is not a solicitation or professional recommendation to buy or sell any financial instruments or investments.
