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MarketWatch: How Fed Rate Hikes Hit Gold

LONDON, 11 September 2015 – Analysis from BullionVault of how gold reacts to US Fed rate hikes appears today at MarketWatch, the US financial news site from the Dow Jones family of companies.

"Fears over China's fast-weakening data are adding to the pressure ahead of next week's US rate decision," says Adrian Ash, head of research at BullionVault.

But "if the Fed does raise, it will at least remove that threat from gold by becoming fact," Adrian goes on. "The growing consensus amongst bullion analysts is that Fed lift-off should mark an important near-term low for gold, kick-starting a relief rally."

Friday's Daily Update email to BullionVault users, "offered an interesting chart to show how gold has historically reacted to Fed rate-hiking cycles," says MarketWatch, reproducing the chart for its readers.

See the chart and Adrian's comments at MarketWatch here:

Gold futures tally 3rd straight week of losses

Source: 
MarketWatch