World Gold Council Cautions Against Common Gold Wisdoms

The market would seem to believe that there is a direct inverse relationship between dollar strength and the gold price and also, in the current environment of negative interest rates that any rise in these rates stimulated by the U.S. Federal Reserve or perhaps the ECB or elsewhere, will be gold price negative. Indeed any hint of these generally accepted maxims does indeed tend to move the gold market in something of a knee jerk reaction.

But, a new report out from the World Gold Council (WGC) authored by Juan Carlos Artigas, the WGC's director for Investment Research, points out that these common gold wisdoms are not entirely accurate and that following the way the gold market has acted under these scenarios shows that the bland acceptance of these norms as fact rather misses out on gold's real world performance.

Read More: www.theaureport.com/pub/na/16602