The World Gold Council have just released their Gold Outlook 2022 report. It’s a relatively lengthy read so we are bringing it to you in 2 parts. Today we look at the very topical impact of rising rates in the US. We mentioned yesterday that the 3-4 rate hikes the Fed is now signalling has been so well signalled that the market has now priced it in. It was another sea of red on wall street last night so maybe it is still digesting it… That said the WGC point out a very interesting and bullish dynamic about such signalling v reality for gold. Sell the rumour, buy the fact is a thing.
