By: Sybilla Gross, Dayanne Sousa, Julia Fanzeres
Gold’s relentless surge to fresh record highs is proving to be a puzzle for many market observers. An oil rally is making it more costly for some traders to protect themselves from surging crude prices in what has quickly become a very bullish market. And as crop traders await insights from the US Department of Agriculture’s key report on global demand, American farmers are enjoying the best-post winter wheat conditions in years.