{"id":205198,"date":"2024-04-19T11:00:00","date_gmt":"2024-04-19T15:00:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=205198"},"modified":"2024-04-19T13:10:23","modified_gmt":"2024-04-19T17:10:23","slug":"why-is-the-gold-rally-leaving-silver-behind","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/","title":{"rendered":"Why is the Gold Rally Leaving Silver Behind?"},"content":{"rendered":"\n<p>Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even as the number of expected rate cuts decreased.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted April 17, 2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even as the number of expected rate cuts decreased.<\/p>\n","protected":false},"author":449,"featured_media":205199,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[21,6,8,9,3,25],"tags":[147,255,1191],"contributors-categories":[13577],"class_list":{"0":"post-205198","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commodities","8":"category-north-america","9":"category-region","10":"category-securities","11":"category-traders-insight","12":"category-video-articles","13":"tag-commodities","14":"tag-gold","15":"tag-metal","16":"contributors-categories-cme-group"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Why is the Gold Rally Leaving Silver Behind?<\/title>\n<meta name=\"description\" content=\"Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/205198\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why is the Gold Rally Leaving Silver Behind? | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even as the number of expected rate cuts decreased.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-19T15:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-19T17:10:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erik Norland\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erik Norland\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Erik Norland\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/51a6dc417ff1890be71c7300154b3573\"\n\t            },\n\t            \"headline\": \"Why is the Gold Rally Leaving Silver Behind?\",\n\t            \"datePublished\": \"2024-04-19T15:00:00+00:00\",\n\t            \"dateModified\": \"2024-04-19T17:10:23+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/\"\n\t            },\n\t            \"wordCount\": 44,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/04\\\/maxresdefault-4.jpg\",\n\t            \"keywords\": [\n\t                \"commodities\",\n\t                \"gold\",\n\t                \"metal\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Commodities\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Traders' Insight\",\n\t                \"Video Articles\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/\",\n\t            \"name\": \"Why is the Gold Rally Leaving Silver Behind? | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/04\\\/maxresdefault-4.jpg\",\n\t            \"datePublished\": \"2024-04-19T15:00:00+00:00\",\n\t            \"dateModified\": \"2024-04-19T17:10:23+00:00\",\n\t            \"description\": \"Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even as the number of expected rate cuts decreased.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/commodities\\\/why-is-the-gold-rally-leaving-silver-behind\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/04\\\/maxresdefault-4.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/04\\\/maxresdefault-4.jpg\",\n\t            \"width\": 1280,\n\t            \"height\": 720,\n\t            \"caption\": \"why is the gold rally leaving silver behind\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/51a6dc417ff1890be71c7300154b3573\",\n\t            \"name\": \"Erik Norland\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/erik-norland\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Why is the Gold Rally Leaving Silver Behind?","description":"Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/205198\/","og_locale":"en_US","og_type":"article","og_title":"Why is the Gold Rally Leaving Silver Behind? | IBKR Campus US","og_description":"Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even as the number of expected rate cuts decreased.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/","og_site_name":"IBKR Campus US","article_published_time":"2024-04-19T15:00:00+00:00","article_modified_time":"2024-04-19T17:10:23+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg","type":"image\/jpeg"}],"author":"Erik Norland","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Erik Norland","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/"},"author":{"name":"Erik Norland","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/51a6dc417ff1890be71c7300154b3573"},"headline":"Why is the Gold Rally Leaving Silver Behind?","datePublished":"2024-04-19T15:00:00+00:00","dateModified":"2024-04-19T17:10:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/"},"wordCount":44,"commentCount":0,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg","keywords":["commodities","gold","metal"],"articleSection":["Commodities","North America","Region","Securities","Traders' Insight","Video Articles"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/","name":"Why is the Gold Rally Leaving Silver Behind? | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg","datePublished":"2024-04-19T15:00:00+00:00","dateModified":"2024-04-19T17:10:23+00:00","description":"Typically, gold prices do the opposite of what interest rate expectations do. CME Group Chief Economist Erik Norland explains why gold has rallied even as the number of expected rate cuts decreased.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/commodities\/why-is-the-gold-rally-leaving-silver-behind\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg","width":1280,"height":720,"caption":"why is the gold rally leaving silver behind"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/51a6dc417ff1890be71c7300154b3573","name":"Erik Norland","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/erik-norland\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/04\/maxresdefault-4.jpg","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/205198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/449"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=205198"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/205198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/205199"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=205198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=205198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=205198"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=205198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}