On gold, the Basel 3 cyclone: ​​for banks it is a risky asset and costs are rising

The Basel 3 earthquake is coming to the gold market, new rules destined to have a profound impact on the activities – financial and otherwise – that revolve around the precious metal and which according to some analysts could inflame the prices of the bullion in the coming months.

Risk of increased costs for the supply chain

Beyond the forecast of a rally (to be honest, far from unanimous), a period of great uncertainty begins for the gold sector, which will be forced to reinvent many proven dynamics, with results that al …