Handelsblatt: Yield Curve Hits Gold Demand

By  Handelsblatt / October 19, 2023 / www.bullionvault.com / Article Link

LONDON, 19 October 2023 - Higher long-term interest rates are depressing Western investor demand for gold says German newspaper Handlesblatt today, quoting analysis from BullionVault.

"The market is now expecting interest rates to stay high for an extended period," says director of research Adrian Ash, "and the yield curve is much steeper than before."

That offers investors a better interest rate on bank savings, making gold less appealing than during the prior 15 years of low or even negative cash rates.

Read the full story (in German) with a subscription to Handelsblatt here:

Goldpreis auf h?chstem Stand seit elf Wochen - Ist die Rally nachhaltig?

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok