Rising bond yields are affecting the gold price right now, but upside potential exists in the long term. Yields on ten-year government bonds have risen to over three percent, the highest level in more than three years. At the same time, a firm U.S. dollar caused a loss in the price of gold. In addition, there are strong expectations of interest rate hikes. Nevertheless, Commerzbank, for example, has raised its gold price expectations. By the end of the year, Commerzbank analysts expect a gold pr
Twice, the gold price almost broke through the US$2,000 mark. Support levels were held. Gold is in a bull market that is anything but shaky. Gold investors should therefore be on the right side. The government probably wants to counter inflation as a gold price driver, keyword compensation payments for increased energy prices. However, such fiscal policy measures usually have only a short-term effect. Such instruments, as we have already seen in the pandemic, are less suitable for a long-term ef
/PRNewswire/ - Tarachi Gold Corp. (CSE: TRG) (OTCQB: TRGGF) (Frankfurt: 4RZ) ("Tarachi" or the "Company") is pleased to announce that the Company has amended.