Some investors deem that higher interest rates will reflect ...

Some investors deem that higher interest rates will reflect the weakness in gold price due ti increased competition from higher-yielding investments in bond and money fund market. Despite of some correlation found between the two in the past, the are also occasions where both rise and decline together in the trend. Hence, we should still see it from a global view which largely affects the gold price for factors such as war, supply and demand, etc. DYODD.