![Gold is considered as a hedge against inflation and economic uncertainties, but rising interest rates tend to lower demand. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JDOUNUW6T7HL3QJ7G2PJMPJ7FY.jpg?smart=true&auth=9c75c648f0648e035974fcdbb071ba02a80fcbe668ba7856e5b95a61af506720&width=400&height=225)
Gold is considered as a hedge against inflation and economic uncertainties, but rising interest rates tend to lower demand. Reuters
Gold is considered as a hedge against inflation and economic uncertainties, but rising interest rates tend to lower demand. Reuters
Gold briefly crosses $2,000 mark on First Republic Bank deal
The precious metal has slipped below the key level but could breach it again after clarity on Fed's interest rate cut direction