Gold is seen as a hedge against inflation, which rising rates aim to tackle, thereby diminishing the metal's appeal. Higher interest rates also make other assets more attractive compared with non-interest-bearing bullion.
from Commodities-Markets-Economic Times
Read The Rest:economictimes...
Post Top Ad
Friday 11 November 2022
Gold rate today: Yellow metal trade flat, Silver holds nears Rs 62,000 on MCX
Tags
# commodities
Share This
About ajit
commodities
Tags:
commodities
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment