Today’s top gold news and opinion

3/27/2024

Rate cuts are a good environment for gold investment, says World Gold Council’s Joe Cavatoni (CNBC)
World Gold Council Market Strategist, joins ‘Closing Bell: Overtime’ to discuss gold as the commodity nears all time highs.

GOLD INVESTING HANDBOOK FOR ASSET MANAGERS (World Bank)
The available empirical evidence suggests that some reserve managers respond to relative costs and returns by increasing the share of gold in their reserves when the expected return on financial assets such as US Treasury securities is low, while viewing gold as a hedge against economic and geopolitical risks

Cocoa breaks $10,000 a tonne as shortages squeeze ‘out of control’ market (FT)
Cocoa futures traded as high as $10,080 in New York, more than double their price only two months ago, as traders warned a global shortage of cocoa beans would herald higher price tags for chocolate bars.