# Want to Know Where Gold Is Headed? Keep an Eye on the Japanese Yen - Bloomberg

> A Montrusco Bolton equity strategist noted the yen has tracked gold more closely than any other major currency. The article focuses on gold price direction implied by yen moves.

- Date: 2017-05-30 · published 2017-05-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71230-want-to-know-where-gold-is-headed-keep-an-eye-on-the-japanese-yen-bloomberg
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

This is a cross-asset commentary with no direct new supply or demand driver for feed commodities.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2017-05-30/want-to-know-where-gold-s-headed-keep-an-eye-on-japanese-yen

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.