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Gold faces worst month in nearly two years on U.S. rate-hike dread - RollingNotes' News

Commodities

Gold faces worst month in nearly two years on U.S. rate-hike dread

Bullion is often seen as a hedge against inflation, but the opportunity cost of holding it rises when interest rates are increased to bring down inflation.

Feb 28, 2023 - 11:10

0 1

Gold faces worst month in nearly two years on U.S. rate-hike dread

Bullion is often seen as a hedge against inflation, but the opportunity cost of holding it rises when interest rates are increased to bring down inflation.