Will the Interest Rate Hikes Continue To Lower Gold Prices?

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ValueWalk

With the number of variables at play when it comes to predicting the price of gold, interest rates are yet another hurdle for prospective investors to jump over, and it comes as no surprise that many seem to stir themselves into a panic when any changes occur. In recent days, gold prices have also started cooling down, coming off from its five-week high, and seeing the biggest average daily price jumps. The hawkish market conditions and the mixed Federal interest rate increase are leaving gold buyers and traders at an undesirable crossing. Q1 2022 hedge fund letters, conferences and more Well,…

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