World Gold Council: Stagnating inflation expectations rise, interest rate impact still remains, driving force for gold prices may further increase

According to the Securities Times app, the World Gold Council stated in a document on September 18 that recently, US investors have gradually taken over the demand structure of gold purchases in emerging markets: gold ETF investors are most concerned about stagflation, followed closely by buyers of gold bars and coins, and futures traders are more focused on interest rate paths. Although actual interest rates in the US are currently relatively sticky, market concerns about the resurgence of stagflation are increasing. If actual interest rates show a downward turning point, their driving force on the price of gold may further increase.