Nonetheless, the pace of outflows continued to slow as the price of gold rose by 3% over the month. We value your opinion — The World Gold Council would like to contact professional investors like you to participate in focus groups and surveys and share your feedback on the World Gold Council website experience. All references to LBMA Gold Price are used with permission from ICE Benchmark Administration Limited and are for informational purposes only. Monthly reports on commodity price trends and forecasts, as well as weekly briefings
on the latest price movements.
The yield on 10-year US government bonds on inflation-protected securities (TIP), an indicator of real interest rates and the opportunity costs of holding gold without yield, was a reliable higher frequency driver for the price of gold for two decades in the past, but was less prominent at lower frequencies. ICE Benchmark Administration Limited assumes no liability or responsibility for the accuracy of the prices or the underlying product to which the prices may relate.