If this year’s rally in the gold price shows anything, it is that the precious metal is no longer inextricably tied to the interest rate cycle. But that does not mean lower rates will have no impact: talk last week at the Jackson Hole symposium in Wyoming of coming cuts will give gold some extra shine.
如果说今年金价上涨说明了什么，那就是这种贵金属不再与利率周期紧密相连。但这并不意味着降息不会产生影响：上周在怀俄明州杰克逊霍尔研讨会上关于即将降息的讨论将使黄金更加耀眼。
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