Gold is Going Up On Fed Interest Rises

Gold has been rising recently, despite predictions that the Fed will raise interest rates.

Bullion.Directory precious metals analysis 18 February, 2022
By Devlyn Steele
Director of Education at Augusta Precious Metals

There are many who believe that when interest rates go up, gold gets weaker. The truth is, that gold can rise with interest rates and can also rise with the markets.

What’s important to remember is that beyond all the economic fundamentals, asset prices go up or down based on the inflows and outflows of money.

In this video Devlyn Steele uses his experience to explain why he feels gold is moving in this direction.

Subscribe to our channel, and request our guide to learn more:

Free Gold IRA Guide

Devlyn Steele

Devlyn Steele is Director of Education at Augusta Precious Metals, America’s leading gold IRA specialists and go-to precious metals dealer for high-net-worth investors.

A Harvard educated professional economist, Devlyn writes and speaks extensively on precious metals’ use as a portfolio diversification tool and market hedge. He and his team provide a unique personalized introduction and onboarding webinar for new investors at Wyoming-based national gold and silver dealer Augusta Precious Metals.

This article was originally published here

Bullion.Directory or anyone involved with Bullion.Directory will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading in precious metals. Bullion.Directory advises you to always consult with a qualified and registered specialist advisor before investing in precious metals.