World Gold Council: Bond yields remaining elevated may highlight fiscal risks, and gold demand is expected to be supported.

Zhito Finance APP has learned that the World Gold Council stated in a release that investors are broadly concerned about the interaction among fiscal pressure, inflation uncertainty, and the credibility of monetary policy. If bond yields remain elevated and market expectations for rate hikes by major central banks do not change significantly, it would indicate that investors' focus has shifted from short-term policy rates to deeper fiscal risks and term premium risks, and gold demand may continue to be supported.