A rise in interest rates is said to cause a lower price of gold as investors prefer to hold currency with a return rather than gold which doesn't have a return.
Although I don't agree with this, it is the general concensus.
IMO gold will always prevail over any currency over the long term as historically gold has always existed as a store of value and every currency has always collapsed and lost value.
A rise in interest rates is said to cause a lower price of gold...
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