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Possible End to Monetary Tightening Lifts Gold Prices

Consistent efforts by the U.S. Federal Reserve to curtail inflation by increasing benchmark interest rates have dampened gold prices for months. Inflation around the globe is at an all-time high, caused by compounding issues such as rising energy and food prices as well as fiscal instability.

Interest rates and treasury yields play a critical role in determining gold prices, with even minor changes in interest rates and…

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NOTE TO INVESTORS: The latest news and updates relating to Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) are available in the company’s newsroom at http://ibn.fm/ELRRF

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Los Angeles, California
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Editor@MiningNewsWire.com

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