syria ...., page-117

All4One

Yes, it's the yield, ie the interest rates on US treasury bonds which affects consumer rates as you say, including mortgages. Watch the 10 year rate when the Fed meeting occurs around Sept 18th.

I haven't researched it but it does make sense that there is a cost to hold gold rather than getting a return, so maybe that is why it's much more sensitive than other commodities.

Suit?