Negative Rates to Boost Gold Prices, Demand to Record Highs Negative rates to boost gold prices, demand to record highs – WGC
Gold is on track to end the first quarter of the year with an important value increase of over 16%, and may soon climb even further thanks to a spike in demand from investors and central banks alike, a report by the World Gold Council shows.
According to the document, released Thursday, negative interest-rate policies (or NIRP) for some of the world’s key central banks, such as the Bank of Japan and the European Central Bank, could change the way investors think about risk, benefitting the yellow metal.
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