Miranda Consolidates Large Project With Extensive Granite-hosted Veinlet and Fracture Gold Mineralization
The chart above is of the yield on the lowest investment risk in ten year maturities. Most other 10-year bonds have seen even sharper rises in yield (i.e. greater price falls). This matters because the banking system is heavily invested in sovereign bonds, not only in the short end of the market where it traditionally invests its liquidity, but also in longer maturities between five and ten years…
Kelly-Ann Kearsey, Dealing Manager said: ‘We’ve had more buyers than sellers contacting us this week, with gold more popular than silver and there’s also been some interest in platinum.
‘We saw some speculation ahead of the Federal Open Market Committee meeting (FOMC), and the Fed’s more dovish stance on rate rises has given some support to gold, boosting it above the $1200 threshold…