July 25, 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.

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