Higher Gold Prices Show Investors Are Betting on Slower Rate Hikes

Gold prices are already moving 3% higher in 2023, which could mean that investors are expecting the U.S. Federal Reserve to slow down its pace of rate hikes. This clears the path for opportunities in gold-focused funds. Last year certainly wasn’t conducive to a macroeconomic backdrop that would support higher gold prices. The Fed increasing [...] The post Higher Gold Prices Show Investors Are Betting on Slower Rate Hikes appeared first on ETF Trends .
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