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 Fed Chair's Dovish Turn Sparks Debate on September Rate Cut Size READ MORE Goldman Sachs: Commodities Offer Superior Protection in Inflationary Times READ MORE Julian Assange & the Polarization of Prosperity and Freedom READ MORE House Republicans Push Bill to Restrict Federal Reserve's Digital Currency Plans READ MORE Labor Market Cooling Sparks Recession Fears in U.S. Economy READ MORE Add a Comment Cancel replyYour email address will not be published.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