358
145 shares, 358 points

As macro conditions continue to affect the price of gold, investors are wondering where the precious metal will go. Meanwhile, Adam Hamilton, founder of financial firm Zeal LLC, made a high prediction about the yellow gold price. As Kriptokoin.com , we provide the details…

Adam Hamilton drew attention to these levels for the yellow gold price

As we have previously reported, the US Federal Reserve, He published what was spoken at the last meeting of 2021. At this meeting, the signals were clear that the rate hike would happen sooner than expected. Many people wondered how gold would act in this situation. Will it rise? Will it increase? An expert has published a comparative analysis on this.

Publishing his analysis on gold, Hamilton says that the news that the US Federal Reserve will increase interest rates will not prevent gold. Looking at the historical cycle, Hamilton said, “Gold has made strong gains in some of the rate hike cycles we’ve witnessed since 1971. Rising rates may bring sales to the stock markets and fuel demand for gold,” he says. Drawing attention to the performance in interest rate hike cycles since 1971, Hamilton emphasizes that gold has risen by 27 percent on average in 11 interest rate hikes. On the other hand, the remaining 5 interest rate hikes declined. The decline averaged around 14 percent.

The expert believes that the performance of the precious metal during interest rate hikes has to do with how it slips into the cycles and how fast the Fed tightens. Therefore, noting that the Fed’s decision to increase interest rates may increase gold, because stock markets tend to decline in the high interest rate environment, Hamilton said, “The gold average was 1,337 dollars in the year before QE4. Gold needs to hit $2,980 for it to rise commensurately with this massive flood of new money.” uses expressions.


Like it? Share with your friends!

358
145 shares, 358 points

What's Your Reaction?

hate hate
1104
hate
confused confused
613
confused
fail fail
245
fail
fun fun
122
fun
geeky geeky
1226
geeky
love love
858
love
lol lol
981
lol
omg omg
613
omg
win win
245
win
Michael Lewis

Emperor

0 Comments

Your email address will not be published. Required fields are marked *

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format