That will eventually happen, but the current and near-future weakness of loan demand will delay that rebound.

FORBES: Interest Rate Forecast 2012-2013

Pawlicki said some pressure in gold could come from weakening of industrial demand due to economic weakness and from a potential resumption of the commodity liquidation.

FORBES: METALS OUTLOOK: Mixed Outlook For Gold Next Week

Tax breaks for savings also present a macroeconomic dilemma, at a time of worries about weakness in demand.

ECONOMIST: A tempting target for impoverished governments