Beware of buying or selling gold right now 🛑 And does raising interest rates help the gold price and the markets 🔥
We all know that the coming 16th is very important for the gold price, due to the upcoming meeting of the US Federal Reserve, where it will set the new interest rate.
With the increasing likelihood of a rate hike from the Fed Chair (Jerome Powell) by more than 85%, the most important question becomes: (What if the Fed raises interest rates?!)
- Expectations for US interest rates in the next meeting
- How will the Michigan consumer confidence report affect the gold price and Jerome Powell’s decision?
- The scenario of raising interest rates at the upcoming Fed meeting on the 16th—could it be positive for the markets and the gold price?
#Gold $XAU
We all know that the coming 16th is very important for the gold price, due to the upcoming meeting of the US Federal Reserve, where it will set the new interest rate.
With the increasing likelihood of a rate hike from the Fed Chair (Jerome Powell) by more than 85%, the most important question becomes: (What if the Fed raises interest rates?!)
- Expectations for US interest rates in the next meeting
- How will the Michigan consumer confidence report affect the gold price and Jerome Powell’s decision?
- The scenario of raising interest rates at the upcoming Fed meeting on the 16th—could it be positive for the markets and the gold price?
#Gold $XAU