Since the start of 2016, the dollar value of bonds trading at negative interest rates has come close to doubling around the world. As of mid-July, there are approximately $11 trillion of government bonds and more than $500 million of corporate bonds trading at less than zero interest rates, according to Fitch Ratings and Bloomberg.
During the same time frame the price of gold has gone up by 28 percent. Is there some sort of correlation here?
