Yellen Can’t Halt Trump Gold Rally that Funds Bet Against

(Bloomberg) Gold bulls are acting as if they can’t believe a good thing when they see it. They should’ve had more faith. Hedge funds reduced their wagers on a bullion rally for the first time in three weeks, just before prices neared a two-month high and capped a third straight week of gains. Not even Federal Reserve Chair Janet Yellen’s outlook for higher U.S. interest rates has been enough to disrupt the gold party….

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply