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 Citi Analysts See Gold's Highs Continuing READ MORE Gold Rallies as Fed's Powell Hints at Inflation Progress READ MORE Oil Prices Slide as Fed Signals Longer High Rate Environment READ MORE Fed's Looming Rate Cut Could Bolster Biden's Reelection Bid READ MORE Pierre Andurand Predicts Copper Prices to Quadruple Amid Green Energy Boom READ MORE Add a Comment Cancel replyYour email address will not be published.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