Gold Q4 Forecast: Gold Selloff Likely to Continue as Fed Proceeds with Rate Hikes

Faith in the Federal Reserve’s commitment to raising rates has thus continued to weigh down gold prices. Investors are heeding the Fed’s guidance and appear to base their strategy around the framework of a firmly hawkish monetary agenda. Barring an economic collapse that forces the Fed to reverse course, gold is likely to continue its downward trend throughout the fourth quarter… Read Full Article

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