What is the forecast for ECB interest rates and gold prices for mid and late 2024?

Will the ECB cut interest rates this year and by how much?

Are 0% interest rates realistic again this year?

Will the price of gold rise if the ECB lowers interest rates?

(1 votes)
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lacertidae
1 year ago

Will ECB reduce interest this year and how far?

Yes, according to the current situation, the ECB will, with extremely high probability, reduce the lead rates in probably several smaller steps. You can only speculate about the “how far”.

However, the market has already priced a significant rate reduction in its current rates. The long-term interest has fallen by 1% since October.

Are 0% interest again realistic this year?

Definitely not.

Will the gold price rise upwards when ECB lowers interest rates?

Current forecasts are based on this. You’ll see if they’ll be safe.

HarryXXX
1 year ago

It won’t be the case.