Thursday 16 March 2017

Gold Prices +3% as Fed Rate Rise Lags Inflation, Dollar Falls, Greek Debt Deadlines Loom

Gold Prices +3% as Fed Rate Rise Lags Inflation, Dollar Falls, Greek Debt Deadlines Loom

financialsense.com / Adrian Ash / 03/16/2017

Gold prices rose further Thursday in London, gaining almost 3% in Dollar terms since the Federal Reserve raised US interest rates as expected yesterday, and also raised its forecast for interest-rate hikes ahead.

Continuing to re-invest the central bank’s $4 trillion QE holdings of US Treasury bonds as they

March 16, 2017 at 06:40PM

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