Defying Conventional Thinking: Gold Gains Against Rising Rates and a Robust Dollar Despite conventional expectations, gold prices have remained resilient in the face of rising interest rates and a strengthening U.S. dollar, traditionally negative factors for the metal. Typically, higher interest rates draw capital towards bonds due to their attractive yields, diminishing gold’s appeal as an investment. Simultaneously, a strong dollar usually suppresses gold prices, as it increases the metal’s cost in other currencies, encouraging selling. However, current market trends show that gold has diverged from these historical patterns, maintaining its value despite these adversarial conditions. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Powell Warns of Extended High Interest Rates in Face of Persistent Inflation READ MORE Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE LBMA: 2024 Precious Metals Analysts' Forecasts READ MORE Economic Reality Check: Six Figures Not Enough for Middle-Class Comfort? READ MORE Government Debt Hits $34 Trillion: Fiscal Policies Under Scrutiny READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment