Gold Just Broke a Five-Week Winning Streak After several weeks of strong gains, gold prices recently pulled back about 3%, ending a five-week winning streak. For some investors, that raised a simple question: Is gold losing momentum? According to Bob Savage, head market strategist at BNY, the drop wasn’t necessarily about gold losing its long-term appeal. Instead, it may reflect something deeper happening across global markets. Investors are increasingly nervous about energy-driven inflation shocks, which could disrupt central bank interest-rate plans around the world. At the same time: The U.S. dollar recently surged Oil prices jumped more than 20% Natural gas spiked over 50% Those kinds of moves don’t happen in calm economic conditions. They tend to happen when something…
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