Consumers browse gold accessories at a store in Nanjing, Jiangsu province, in March. Wang Lixin, CEO of the World Gold Council, said market expectations of interest rate cuts by the US Federal Reserve have been among the key factors supporting the strong increase in gold prices. Wang said: "Generally, when the Fed enters a rate-cutting cycle, it inevitably leads to …
For unabashed gold bulls, there are trillions of dollars in the bond market just ready to snap the metal up in a world short on hedges but big on risk. If more fund managers start thinking like him, it would fulfill the dreams of gold bulls who argue that more folks on Wall Street should see the metal as an …
