Answer
Feb 24, 2025 - 03:54 PM
Positively. Rates are on the rise because inflation is on the rise and gold has always been viewed as a reliable long-term inflation hedge. In addition, rising rates have presented significant problems for banks and financial institutions – a situation that has put the focus on gold’s well-known status as a safe haven. These two drivers have created significant demand through the range of investors from individuals, to funds, institutions, and central banks. The Bankrate survey of investors cited above is telling in this regard. One in six chose gold as the best place to park money they would not need for the next ten years, the same number that chose stocks.
