Gold & Silver Rally on Hope Rate Hikes Ending Soon

11:29 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/podcasts/2022/11/04/fed-continues-tough-talk-but-gold-silver-show-resilience-002621

Precious metals investors remain cautious following the Federal Reserve’s latest jumbo rate hike. On Wednesday, the Fed announced another three-quarter point bump up on interest rates. It’s the sixth straight hike by central bankers and brings the Fed funds rate up to 4%. That’s the highest it has been since 2008.

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