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Rising Rates Do Not Threaten Gold and Could Support a Rise in Price | Forexlive


An active reassessment of the outlook for monetary policy continues in the financial markets, but these changes have so far not moved gold from its position near $1800. The latest
 
 gold 
performance shows that it remains a portfolio diversification instrument, with little correlation to stock indices.

Gold has gained for the third consecutive day, almost hitting the $1810 level. Last week the price came under pressure along with stocks, as US government bond yields rose as investors preferred them over precious metals paying no dividends or coupons. Gold also decreased intraday on Monday on a sharp fall in
 
 equities 



Read More : Rising Rates Do Not Threaten Gold and Could Support a Rise in Price | Forexlive

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