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Shares of Precious Metals Companies Are Trading Lower as Gold Futures Drop Amid a Gain in the US Dollar Index. Recent Fed Rate Hikes This Year Have Aimed to Curb Inflation, Which Could Also Drive a Rotation Out of Inflationary Hedge Assets Such as Gold an

Benzinga ·  Sep 23, 2022 10:51
Shares of precious metals companies are trading lower as gold futures drop amid a gain in the US dollar index. Recent Fed rate hikes this year have aimed to curb inflation, which could also drive a rotation out of inflationary hedge assets such as gold and silver.
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