Market View: Interest rate volatility and dollar strength curtail gold's performance in April
Published Date: 13-05-2022
While gold is considered a hedge against inflation and a safe bet during economic and political turmoil, this isn’t being borne out today. We’ve been seeing gold retreat or see subdued action of late. It appears to be failing to garner momentum to the upside. No doubt, the dollar is weighing on this and rising US interest rates are having an impact. What’s next? On Market View, Prime Time's Bharati Jagdish spoke with Andrew Naylor, Regional CEO (APAC ex-China), and Public Policy, World Gold Council to find out.
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