19 October 2022 | Other

Rising interest rates put pressure on gold prices

The gold price has slightly increased thanks to less pressure from the dollar. However, the Fed's tight interest rate policy has prevented it from rising further.

This year, the price of gold reached its peak in the last two years, but then fell again. This was due to rising interest rates, which in turn caused a rising in the opportunity costs of gold keeping. Since the Fed isn’t going to change intentions, it isn’t expected that the situation regarding the price of gold will change.

Company MarketCheese
Period: 31.05.2026 Expectation: 11000 pips
USDCAD selloff starts from 1.4060
Today at 11:43 AM 9
Period: 10.02.2026 Expectation: 9000 pips
Selling BTCUSD on rebound to $84,000 amid negative fundamentals
Today at 11:06 AM 11
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 13.02.2026 Expectation: 2500 pips
Tesla stock slides toward $400
Today at 08:37 AM 15
Period: 10.02.2026 Expectation: 1570 pips
Investing in AUDUSD on RBA hawkish policy shift
Today at 07:04 AM 26
Period: 09.02.2026 Expectation: 815 pips
SPX is at risk of further correction due to revised rate expectations
Yesterday at 11:40 AM 35
Period: 09.02.2026 Expectation: 1800 pips
Silver seeks firmer ground after historic plunge
Yesterday at 11:38 AM 58
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Go to forecasts