Gold Nears Record Highs Despite Fed's Hawkish Stance on Rates Gold prices have held steady near record levels this year, gaining about 15% amidst ongoing geopolitical tensions in the Middle East and Ukraine. Despite a recent statement by Federal Reserve Chairman Jerome Powell indicating that interest rates might remain higher for an extended period due to persistent inflation, gold continues to attract safe-haven investments. This resilience comes even as Treasury yields and the dollar have risen, which typically dampens gold’s appeal. The metal’s sustained uptrend, in the face of higher borrowing costs and a stronger dollar, has caught the attention of market analysts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts The Truth About Gold Jewelry READ MORE Gold and Silver: Preppers' Choice for Weathering Uncertainty READ MORE High Gold Prices Dampen Demand in Asia's Leading Markets READ MORE Gold Clings to Stability Amid High Interest Rate Fears READ MORE China's Central Bank Creates New Liquidity Tools to "Help" Monetary Policy READ MORE Add a Comment Cancel replyYour email address will not be published.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