Barclays: Gold's rise reflects market distrust of the existing fiscal and monetary order
-
最新报道：According to a report from Bijie.com on October 10, Ajay Rajadhyaksha, Chairman of Barclays Global Research, stated that this year's rise in gold prices signals growing market distrust in the existing fiscal and monetary order. He noted that the debt burdens of four major economies—the United States, the United Kingdom, France, and Japan—each exceed 100% of their respective GDPs, while their fiscal positions continue to deteriorate. He added, "Most importantly, there is little political will for fiscal consolidation." Meanwhile, other traditional safe-haven assets, such as the Japanese yen and the Swiss franc, are losing some of their appeal. Rajadhyaksha stated that gold typically rises when economies falter or financial markets collapse. He believes that despite the current health of financial markets, gold's recent rise should be a cause for concern among policymakers.
下一篇
Polymarket's "Trump wins the 2025 Nobel Peace Prize" probability is currently 3%.
- According to the Bijie.com news, on October 10, according to data from the Polymarket webs...
24小时热点
热点专题
407042