2024-03-17 07:46:47 ET
Summary
- Gold is seen as a safe haven during times of economic uncertainty and holds its value during inflation.
- The Federal Reserve's interest rate hikes may not diminish gold's appeal if inflation numbers continue to rise.
- Traders should monitor the Federal Reserve's March meeting for hints of future rate cuts, which could benefit gold investors.
Fundamentals
Let's take a deeper look in the fascinating world of gold and how it interacts with the economy, shall we?...
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For further details see:
Gold's Last Stand: The Epic Battle Against Inflation's Fury