FED policy continues to support higher gold pricing

derryb Posts: 36,821 ✭✭✭✭✭

January 31, 2020 6:47AM edited January 31, 2020 6:55AM in Precious Metals

The Federal Reserve’s monetary policy announcement, coupled with less concern about the Coronavirus in China had the net effect of being highly supportive of higher pricing in both U.S. equities and precious metals pricing.

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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