Don't Be Fooled, Gold Prices Are Rising Even as the Fed Hikes Rates

The Fed just hiked interest rates on Wednesday (Dec. 13), and that has the media abuzz about how it could hurt gold prices, but they are wrong...

Conventional wisdom in the media says that interest rate hikes by the Federal Reserve are generally bearish for the price of gold.

But while the media perpetuate this myth, there is actually very little solid correlation between interest rates and gold prices...

Tags: Gold Prices

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