Futures Measures

The Surge in Gold: What's Driving the Rally and Can it Be Sustained

Futures Measures

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The price of gold, like everything else, is driven by supply and demand. However in this episode of Futures Measures, Pete explains that there are other factors affecting gold. Pete looks specifically at the Federal Funds rate and how the anticipation of a Fed interest rate hike or decline impacts the price of gold. Pete also takes a look at the cost of mining gold, which has strong connections to global currency rates.

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