Fed’s Anticipated Rate Hikes Stir Market Dynamics, Pushing Gold Prices Downwards

Lemon_tm The dominant market force this week has been a revision in anticipated policies from the Federal Reserve, indicating possible sustained interest rate hikes into 2024, impacting multiple asset classes, notably gold. The evolving expectations, stemming from remarks by FOMC representatives, have propelled gold prices distinctly downwards, with bond prices also experiencing a significant drop,…

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