Gold: That means the turnaround in interest rates for the precious metal – economy

from

Benjamin Emonts

At the Munich gold trading house Pro Aurum, the rising interest rates are currently not making anyone nervous. On the contrary: In the company’s shops, long lines sometimes formed, reports co-founder and former managing director Robert Hartmann. Accordingly, demand has picked up again significantly in recent months, and for some embossing the delivery times are “considerable”. According to Hartmann, nine out of ten customers enter the branches to buy gold – and not to sell it. On average, they ordered for around 10,000 euros.

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