If interest rates are high that usually pushes up the price of the US Dollar (USD), and since Gold is priced in Dollars, this has the effect of lowering the price of Gold. The Fed funds rate is ...
Gold has for centuries been an attractive commodity ... Angelica previously held editing roles at The Simple Dollar, Interest, HousingWire and other financial publications.
The Dollar Index (DXY) maintained strength, supported by ongoing economic uncertainty and expectations of slower interest rate cuts by the Federal Reserve in 2025. Gold, on the other hand ...