Since we last checked in on the price of gold, volatility has returned to the precious metal.
price of gold 2016
- The Biggest Reason the Price of Gold Will Rise in 2016
- What's Next for Gold Prices Following the December Fed Meeting
Gold prices are in focus this week as the U.S. central bank prepares for its December meeting on Tuesday and Wednesday.
The U.S. Federal Reserve is widely expected to raise interest rates this week for the first in nearly a decade, and the move will have a big impact on gold prices. The market-implied odds of the first interest rate increase since June 2006 are roughly 81%.