LONDON, 28 February 2018 – Analysis from BullionVault is quoted today by global data and news providers Bloomberg in a feature on what's driving gold prices in early 2018.
Also quoting analysis from global investment bank giants Goldman Sachs and J.P.Morgan,
"Gold can rise during rate hike cycles," says Bloomberg, contrasting conventional wisdom with the metal's solid gains during the US Federal Reserve's last tightening phase from 2004 to 2006.
"If the world ever does get sick of lending ever more money to the US Treasury," Bloomberg quotes Adrian Ash, research director at BullionVault, "the price of Treasury bonds will sink by definition.
"In that outcome, it's hard to imagine the price of gold failing to rise sharply."
Registered Bloomberg users will find the story on the terminal, or online here:
Five Charts Show Gold Constrained Inflation and Rising Rates
