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What a rate pause means for gold prices
The strength of the dollar: Gold tends to have an inverse relationship with the dollar. When the dollar is weak — as it is during times of high inflation — gold prices tend to rise. While rates are currently paused between 5% and 5.25%, they’re still well above the Fed’s target of 2%, suggesting gold […] The post What a rate pause means for gold prices appeared first on ForexTV...
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Posted: Jun 14 2023, 20:29
Author Name: forextv
Views: 111674