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Why Falling Interest Rates Boost Gold and Silver Prices - The Gold Show With Kenny Michaels.
1 year ago
13
Why Falling Interest Rates Boost Gold and Silver Prices.
Here's why gold and silver prices often rise when interest rates drop: Lower interest rates mean banks offer less return on savings. So, people move their money into assets like gold and silver to preserve and grow their purchasing power. With low bank interest, it makes more sense to invest in these metals for better potential returns.
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