The Risks Ahead for Gold
In a high rate environment, what are the real risks ahead for gold?
Stay updated with breaking news from Joseph Stefans. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
In a high rate environment, what are the real risks ahead for gold?
Gold and silver rose again with bond prices and global stock markets ahead of September's US inflation data Thursday after the Fed's latest meeting notes boosted bets that it's done raising rates
London bullion's return from the Easter Weekend found gold slipping back through $2000 and silver failing to hold $25 as long-term IMF forecasts said interest rates will drop back but betting grew that the Fed will raise US rates again next month
* Indian jewellers slow purchases as retail demand dwindles * Gold sold between flat to $12/oz premiums in China * Japanese customers sellin... | 05:08am
A lot of Western institutions are dumping gold while Asian buyers are racing to scoop it up at lower prices