Fed Rate Hike Imminent: Is Gold Still Worth Chasing at $4,300?
International gold prices climbed back above $4,300 per ounce on the 16th as the countdown to the Federal Reserve’s interest rate decision began; markets are betting there is a greater than 90% probability of a 25-basis-point (one-quarter percentage point) rate hike. Leading economists believe that since expectations for a rate hike are already largely priced […]