Gold leads yields by nearly two years, Tom McClellan notes

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23.07.2026

Gold leads yields by nearly two years, Tom McClellan notes — Gold seen as indicator for yields

Tom McClellan highlights his latest article examining gold’s 20 and a half month leading indication for yields.

The article, titled 'Gold’s 20-1/2 Month Leading Indication for Yields,' is now published on his website, as McClellan announced.

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McClellan has recently commented on shifting consumer behavior, noting that Americans are spending less on food and more on other goods in a recent analysis of U.S. consumption. He also discussed the effects of subdued trading activity in a recent interview with Andrew Horowitz. These perspectives add context to his ongoing market observations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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