Why the Fed interest-rate hike fueled a rally in gold – MarketWatch
MarketWatch |
Why the Fed interest-rate hike fueled a rally in gold
MarketWatch “We have consistently seen double-digit percentage increases in gold prices post a rate hike perversely,” he said. That’s “counter-intuitive because higher rates would ordinarily be seen as gold negative,” as the metal would be less attractive compared … Gold prices pop as Fed projects just two more rate increases in 2017 Stocks, bonds, gold turn higher after rate hike; dollar moves south Gold to jump $200 by end of the year, Bank of America says |
