gold global demand

THE INFLATONARY SUPPLY OF UNBACKED US DOLLARS AND THE PRICE OF GOLD

Gold, Interest Rates, And Money

Degussa | Gold is a “good” that has a truly global demand, and its price is determined by numerous factors. One of those is the market interest rate. The reason is obvius: Gold does not have an “inherent interest rate”. The holders of gold have to bear “opportunity costs”.