Gold
🛡️ Gold is often seen as a safe haven during economic uncertainty and crises.
💰 Low interest rates and high inflation favor gold as fixed income becomes less attractive.
📉 High interest rates and good fixed income returns tend to decrease gold prices.
@CobasAssetManagement:
“During economic uncertainty or crises, many investors turn to gold as a safe haven. Poor economic conditions often coincide with low interest rates, which incentivize economic activity and make fixed income less profitable, thus favoring gold. In contexts of high inflation and high interest rates, fixed income offers good returns, and the price of gold tends to decrease.”
Watch the exact part of the video where Cobas Asset Management talks about gold here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Gold at the following link. Gold stock.
