Gold Is Up 17%, But the Fed Just Changed the Game for GLD and IAU
Gold’s 17% rally faces a new test as the Fed turns hawkish. Here’s what higher rates, Treasury yields and the dollar mean for GLD and IAU.
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Why It Matters
Gold prices went up a lot this year. But the Federal Reserve might make it harder for gold to keep rising because of higher interest rates.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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