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Gold Defied the Fed's Rate Hike—These 3 Plays Stand Out
Source: marketbeat.com
Interest Rates & YieldsCommodities & Raw MaterialsCurrency & FX
Gold typically moves inversely to interest rates: higher rates increase the appeal of yield-bearing bonds and support the U.S. dollar, reducing the relative attractiveness of non-yielding gold. The article provides general market context rather than a new policy action, price move, or forecast.
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