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As the Fed raises interest rates, gold rises

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The upside was maintained by gold prices, which ended 2022 at the highest level in six months.

The Fed’s expectation of a gradual decrease in rate hikes led to a dramatic rise in the price for yellow metal.

As silver prices hit their highest level since April, silver was also on the upward trajectory.

Timestamps
XAUSUD 01/45
XAGUSD 03.05.

Orbex Forex Trading Blog: Gold Rises As the Fed Eases



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