Tag: rate hike

Gold gains as Fed raises interest rates by 25 bps
XAU
0.48%

Gold gains as Fed raises interest rates by 25 bps

Fed raises interest rates by 25 bps. Gold is up more than 3% from the beginning of the month with the sight of a pause in rate hikes.
Is gold going to hold a crucial $1,800 level?
XAU
0.48%

Is gold going to hold a crucial $1,800 level?

The fear of higher inflation negatively impacts gold, which is at a nine-week low. But futures volume data shows something else.