December 14, 2024

Gold’s New Driver: Emerging Economies or Traditional Interest Rates?

In a recent analysis, BMO Capital Markets has highlighted a shift in the factors influencing gold prices, moving away from the traditional dependence on real interest rates.    This insight comes amidst an optimistic economic landscape in the U.S., where GDP growth exceeded expectations in the final quarter of 2023, driven by robust consumer spending.  Gold’s New Driver: Emerging Economies or Traditional Interest Rates?

The post Gold’s New Driver: Emerging Economies or Traditional Interest Rates? appeared first on ImaStockTrader.

LATEST ARTICLES
RECOMMENDED

Get Breaking Market Updates Sent Right to Your Phone

Enter Your Cell Phone Today to Start

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.