. Although it sounds irrational, when monetary policy pressures ease, gold should rise in price. Gold does not earn interest and thus suffers from rising opportunity costs, which means that high interest rates act as a brake, making it difficult for the gold price to rise. This year, the price of gold should have risen, or so people think. After all, there have been enough crises. From supply chain problems, high inflation and recession fears to energy shortages and the Russia-Ukraine war. In U.
This storage has potential monetary collateral that can be repaid at some point. Gold can support confidence-based currencies that have lost the confidence of the mark. For example, the governor of the Dutch central bank, Klaas Knot, talks about the revaluation of gold. This is because it is intended to restore the bank-s solvency. Voices are being raised that central banks are now striving to drive up the price of gold. Gold has proven itself as the standard security for money. Gold has always
This storage has potential monetary collateral that can be repaid at some point. Gold can support confidence-based currencies that have lost the confidence of the mark. For example, the governor of the Dutch central bank, Klaas Knot, talks about the revaluation of gold. This is because it is intended to restore the bank-s solvency. Voices are being raised that central banks are now striving to drive up the price of gold. Gold has proven itself as the standard security for money. Gold has always