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Gold Barely Hangs On As Fed Chatter Increases

Discussion in 'Technical Analysis' started by Kaitlin, Oct 14, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    With the US Federal Reserve increasingly likely to raise interest rates by the end of the year, non-interest-bearing gold has been running scared as of late. Just as the US dollar should benefit from any Fed rate hike, gold should have a substantially negative reaction, as its non-yielding investment appeal[​IMG]

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