Gold, Oil, And Copper Are On Fire, As The Dollar Gets Kicked In The Gut

We’re looking at a HUGE reversal of the so-called risk trade today, as investors are dumping the greenback, and snapping up oil, gold, and copper.

  • Right now gold is up $16.70 (1.52%).
  • Copper is up over 3.7%.
  • Oil is up over 4%.

And here’s the dollar, taking more punishment.

dollar

Photo: Finviz

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.