BullionVault:  "Fed Rate Rise? Gold Price Goes Up Says History"

"Gold prices rose more often on Fed interest-rate hikes than on cuts last 30 years...

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Judging from the financial news, consensus says next week's US Fed decision on interest rates has become D-Day for this year's strong gains in the gold price.  

But history says otherwise.  

Gold has since 1986 been more likely to rise if rates go up than if they stay the same, and by a greater percentage as well."  ( BullionVault )
 


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