BBCNEWS Asia July 2, 2024
there are a few things that drive gold and crypto prices higher. the first one is the quality and the second is the us dollar. let's talk about liquidity. easing from china and also from the us, the fed has actually been injecting liquid italy, overnight repo facility. so also from a seasonality perspective, november december actually quite favourable in terms of financial conditions, and indeed the rally, or the fall of interest rates have helped also financial conditions to ease in the past few weeks and hence we've seen a surge in liquidity in the system and that propels both gold...