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How Gold Prices Move When Interest Rates Rise
The chatter surrounding the U.S. Federal Reserve's upcoming decision on interest rates has been constant and deafening.
Fed Chairwoman Janet Yellen has been hinting for close to a year now that the Fed will finally raise rates. Everyone is afraid that will mean a major correction in stocks - and tanking gold prices.
But history tells a different story about how gold moves when rates rise...
The chatter surrounding the U.S. Federal Reserve's upcoming decision on interest rates has been constant and deafening.
Fed Chairwoman Janet Yellen has been hinting for close to a year now that the Fed will finally raise rates. Everyone is afraid that will mean a major correction in stocks - and tanking gold prices.
But history tells a different story about how gold moves when rates rise...