Gold ETFs: Waiting on 2024 Rate Cuts
July 31, 2023 at 08:00 AM EDT
On July 26, the Federal Reserve unveiled an interest rate increase of 25 basis points while leaving room for another rate hike increase later this year. The central bank’s 11th rate boost since March 2022 took its benchmark rate to a 22-year high. This could benefit gold ETFs. As was seen in 2022, gold and [...] The post Gold ETFs: Waiting on 2024 Rate Cuts appeared first on ETF Trends .
