Gold Prices Decline Amid Expectations of Tighter Central Bank Monetary Policies

Gold extended its losing streak as expectations of tighter monetary policies from central banks reduced its appeal, as the precious metal typically loses value when interest rates are high.

19 Mar, 19:49 — 19 Mar, 19:49

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myjoyonlineMixed3h ago

Gold extends losing streak on expectations of tighter policy from central banks

Gold is prized as a hedge against inflation and geopolitical turmoil, but because it does not generate interest, it tends to lose appeal in periods when rates are high.

By Charles Nixon

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Gold Prices Decline Amid Expectations of Tighter Central Bank Monetary Policies

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Gold extends losing streak on expectations of tighter policy from central banks

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