What is the relationship between interest rates and gold?
The relationship between interest rates and the price of gold is complex and can be influenced by a variety of factors. Generally, there is an inverse relationship between interest rates and the price of gold. This means that when interest rates go up, the price of gold tends to go down, and vice versa. We discuss how this relationship works below: 1. Opportunity Cost: When interest rates are high, it becomes more attractive to invest in interest-bearing assets such as …
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