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Gold to re-establish uptrend after rate hike becomes fact

Published Sun, Dec 10, 2017 · 09:50 PM

THE decision on interest rate hike is on everyone's radar this week. Fed Fund Futures (FFF) is already pricing in a 98 per cent chance of a rate hike on Dec 13 at the Federal Open Market Committee (FOMC) meeting where the Fed Funds Rate (FFR) is set to rise from 1.25 per cent to 1.50 per cent.

Looking back at how far we have come from this rate hike cycle shows an interesting relationship between the FFR and gold.

Contrary to popular belief where interest rate hikes would lead to a lower gold price, the price act…

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Companies & Markets

Companies & Markets

Gold to re-establish uptrend after rate hike becomes fact

Companies & Markets

Wilmar appoints former minister George Yeo as independent non-executive director

UOB Kay Hian says ‘disadvantageous’ to reveal details of key management’s remuneration

Deutsche Bank has cut dozens in Asia private banking overhaul

Middle East violence heightens market fears of rate hikes, inflation

Tokyo's Nikkei drops more than 1,000 points, most in 3 years

Cordlife calls for trading halt after shares sink to all-time low, pending announcement

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