Tag: SGBs

Gold has regained its luster as investors wager that a decline in U.S. inflation will stall the Fed's rate hikes and make the precious metal more desirable. On Wednesday, its futures reached their highest level in eight months, reaching $1,882 per ounce, a 14% increase since late November. Gold Interest Rates When interest rates are rising, investors gravitate toward assets that provide stable returns, such as government bonds. In April of last year, prices declined as the US Federal Reserve began to raise interest rates in an effort to manage inflation. As consumer...