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Market Impact: 0.2
Higher rates aren't breaking gold as structural forces provide a solid floor
Source: kitco.com
Commodities & Raw MaterialsInterest Rates & YieldsCurrency & FX
Standard Chartered says gold's historical inverse relationship with real interest rates is weakening. Higher U.S. rates and a stronger dollar could drive near-term price volatility, but the bank expects structural demand forces to provide a solid floor for the precious metal.
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