10-Year Yields Drop, Gold Goes Higher

Author: USGI
Date Posted: July 7, 2016 Read time: 1 min

Daniela Cambone, host of Kitco News, welcomes Frank Holmes to the program, live from Toronto, to get his thoughts on the continuing market uncertainty following the Brexit referendum.

Daniela Cambone, host of Kitco News, welcomes Frank Holmes to the program, live from Toronto, to get his thoughts on the continuing market uncertainty following the Brexit referendum. Both gold and silver are rallying on the back of 10-year yields falling to record lows, and Frank says this is happening for 50-year yields in Canada and Switzerland as well.

As shown in a chart during the segment, Frank explains that gold is outpacing yields right now, and a slowdown in global trade is one of the big issues behind these moves. So with both gold and silver hitting multi-year highs, and silver really stealing the show, do the metals have further to go? Watch the full interview below to find out!

 

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