Mining Magnate Pierre Lassonde Says This Will Be Gold’s Main Driver

from Kitco NEWS

Sitting with Kitco News at the BMO Metals & Mining Conference, mining magnate Pierre Lassonde says he remains positive on gold in the coming year. However, it depends on interest rates, he noted, since he sees the possibility of negative rates being the biggest driver of gold prices this year. Lassonde also commented on China’s interest in gold and whether or not he sees a gold-backed yuan in the cards.