Gold price jumps as Federal Reserve leaves interest rates unchanged - KITCO
Gold price jumps as Federal Reserve leaves interest rates unchanged - KITCO
Source: KITCO
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DW NOTE
The Fed held rates and gold jumped — which tells you the jump had nothing to do with the decision. Gold is down 22.8% from its January peak of $5,318 and has been falling for months while the Fed sat still. If this bounce holds, it's technical positioning or dollar weakness, not monetary policy.