EPISODE · Jul 28, 2023
Gold Rises, Dollar Dips, & Yield Falls As Fed Hikes Rates
from Golden Rule Radio · host MPM
Gold price gained on Wednesday following the announcement of another rate hike from Chair Jerome Powell. The dollar fell as did bond yields, as the 11th hike in the last 12 policy meetings was implemented. After the conference, the dollar index fell 0.4% against its rivals as U.S. 10-year Tresrury yields slipped to 3.862%. Bullish sentiment […]
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