An ounce of gold has just gone past £2,200 (about $2,700) here in the UK. The yield on 10 year government bonds is spiking all over the world. Looks like financial unrest is on the way!
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And the stock market fell in the US this morning because the jobs report was too strong. Quite the disconnect.
DB2
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Not really. Strong Jobs means less chance of a reduction in the Fed Funds Rate. Also means upward pressure on wages (inflation) and of course higher expenses for businesses.
The market has/had priced in 3 interest rate decreases this year but that becomes a lot less likely with a strong labor market.
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The UK stock market is down a bit today, so what I’ve made on gold/silver I’ve probably lost there 
Sterling is down against the US dollar which is seen as a safe haven:
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True. The disconnect was between the economic situations in the US and the UK (and the EU for that matter).
DB2
Wait until after Jan 21. Depending upon what does (not) happen could make the current “financial unrest” look like boom times.
The combination of record gold prices and rising global bond yields is telling. Gold typically acts as a safe haven during uncertainty, while climbing bond yields often signal inflation concerns. This divergence in traditional market indicators could suggest investors are hedging against multiple risks in the current economic environment.
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The UK stock market is down a bit today, so what I’ve made on gold/silver I’ve probably lost there
Sterling is down against the US dollar which is seen as a safe haven:
https://www.reuters.com/markets/currencies/pound-biggest-three-day-slide-two-years-gilt-pain-intensifies-2025-01-09/
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