It has a certain impact on gold, because gold is priced. When the interest rate rises, the dollar will appreciate, which means that people will have less investment in gold, so the price of gold will naturally fall.
However, there may be room for gold to edge higher.
Despite the Fed‘s interest rate hike, there are still huge uncertainties in the market, including the risks of the US midterm elections, fiscal issues, the risk of a slowdown in the US and global economic recovery, plus countries will continue to increase their gold holdings, which will enhance the appeal of gold.
Second look can be compared to the United States and the shape of the gold, in general, when the interest rate is higher, the federal reserve to raise interest rates if it does happen, it may lead to gold prices, and so on the whole the fed to raise interest rates or larger influence on gold, if it is a physical gold, can consider to stay at home when adornment also is pretty good.
However, it should also be noted that the Federal Reserve interest rate hike is beneficial to the gold concept stocks, because after the interest rate hike, we will be afraid of a sharp decline, will want to invest in gold stocks to avoid risk, buy more investors, then the inflow of funds is more, it is also likely to rise.
