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IPMI and Industry News: Industry News

Degussa Market Report

Friday, March 15, 2019  
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The Big Central Banks Increase the Case for Gold

 

Monetary policy is an important impact factor for price action in the precious metals market, as it determines monetary conditions in particular: the supply of money and credit, market interest rates, liquidity conditions, credit risk, etc. By doing so, central banks' monetary policies have a significant influence determining gold's competitive position compared to the world’s unbacked paper – or: fiat – currencies. - Degussa 03/15/2019

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