Home Economy Titan expects to pay more to source gold from bullion banks as supply shrinks
Economy - 4 days ago

Titan expects to pay more to source gold from bullion banks as supply shrinks

Titan expects to pay more to source gold from bullion banks as supply shrinks

Titan may face higher interest rates for leasing gold as bullion banks redirect supply to the U.S. due to high premiums on gold futures. This shift is causing a supply crunch and fluid interest rates. Titan's growth outlook is uncertain amid fluctuating gold prices and potential U.S.-China trade tensions, despite strong third-quarter profits.

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