Gold Seen Climbing as Yellen Sets Scene for Negative Rates – Bloomberg
Bloomberg |
Gold Seen Climbing as Yellen Sets Scene for Negative Rates
Bloomberg Gold will rise after the Federal Reserve pledged to stick to its gradual pace of tightening as negative real interest rates deepen and weigh on the dollar, according to Wayne Gordon, executive director for commodities and forex at UBS Group AG’s wealth … Why the Fed interest-rate hike fueled a rally in gold PRECIOUS-Gold hits one-week high as Fed signals only gradual rate hikes PRECIOUS-Gold at 1-week high, Fed shows no sign of speeding up rate hikes |
