Bloomberg/Greg Ritchie/3-8-2023

“For the primary time for the reason that international monetary disaster, traders are betting long-term inflation within the euro space will match that of the US, underscoring the dramatic shift within the outlook for Europe lately.”

USAGOLD notice: Gold demand in Europe has grown steadily over the previous a number of years, significantly in Germany. A rising inflation fee would probably enhance the already sturdy demand for bodily metallic.

Chart courtesy of the World Gold Council • • • Click on to enlarge