The Hidden Reason Traders Hold Gold Into Jackson Hole

Gold into Jackson Hole works on both outcomes, because a dovish Federal Reserve fuels spending and a hawkish one deepens U.S. deficit doubts. Alex Ridgers, StoneX Global Head of Retail Dealing, explains what the retail dealing desk is seeing across gold, indices and U.S. bonds. Nvidia guided to earnings growth well above expectations while Germany warned it is running out of AI computing power, and the CME is launching compute futures benchmarked on Nvidia chips. The U.S. Treasury Department has stepped in to buy bonds, a sum Ridgers weighs against a widening government deficit, while U.S. GDP and core inflation data barely moved markets ahead of Jackson Hole. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_alex_ridgers&utm_content=share 00:00 - Nvidia Guidance Jumps to 70% 00:57 - Compute Futures Hit the CME 01:20 - A Data Week That Went Nowhere 02:05 - The Bond Market Gets a Buyer 03:08 - Warsh Says Almost Nothing 06:03 - Gold Wins on Either Outcome Like and subscribe for more financial market insights. #Gold #Nvidia #StoneX #AlexRidgers