Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms

Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2022/01/11/Gold-Prices-Set-to-Rise-on-Baked-in-Fed-Rate-Hike-Bets-as-CPI-Looms.html Gold prices are rising this week despite an aggressive shift in hawkish Fed rate hike bets. Bullion traders have a close eye on Fed Chair Powell’s confirmation hearing and incoming CPI data.

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Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms

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