A wave of global monetary easing has begun. Recently, the Bank of Korea cut the benchmark interest rate by 25 basis points from 3.5% to 3.25%, for the first time in 4 years. Prior to that, many central banks in Europe and the US were already “in place” to cut interest rates. With the adjustment of the monetary policies of major central banks, the layout of global capital is also being adjusted. According to the latest report from the World Gold Council in October, the world's physically supported gold exchange traded funds achieved capital inflows for the 5th month in a row in September, and the total holdings increased to 3,200 tons.

Zhitongcaijing · 10/18 23:17
A wave of global monetary easing has begun. Recently, the Bank of Korea cut the benchmark interest rate by 25 basis points from 3.5% to 3.25%, for the first time in 4 years. Prior to that, many central banks in Europe and the US were already “in place” to cut interest rates. With the adjustment of the monetary policies of major central banks, the layout of global capital is also being adjusted. According to the latest report from the World Gold Council in October, the world's physically supported gold exchange traded funds achieved capital inflows for the 5th month in a row in September, and the total holdings increased to 3,200 tons.