First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/03/18/federal-reserve-announces-rate-hike-spooked-by-war-002496
Precious metals markets sold off ahead of this week’s Federal Reserve policy meeting. But after Fed officials announced their rate hike, prices recovered somewhat. As of this Friday recording, the gold market is putting in a weekly decline of 2.8% to bring spot prices to $1,941 an ounce.
