Interest Rate Expectations ‘Driving Gold Prices’ as Fed Holds, BoE Hikes Yet Pound Sinks
GOLD PRICES held or rose near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve’s widely expected “no change” decision by raising UK rates off an all-time record low as analysts and traders had forecast. The Pound fell hard on the […]