[Dan]

Analysts suggest not getting trapped into the Gold – EURUSD correlation developed over the past few months. The autonomous rise of precious metals may be down to central banks buying Gold, but it might also be related to investors buying insurance against economic downside risks should the early exit from expansionary strategies make the economy stutter again. US bond market has shown declining bond yields despite most economic data having come in strong. Analysts relate the decline of bond yields to official accounts buying Treasuries.