So, apparently the reason Gold has dropped from $1,300 to $1,200 over the month of May is due to the rhetoric of the Federal Reserve hinting at a June Interest Rate Hike.
This Fed-speak has resulted in a stronger US dollar which means a dropping gold price. So, what does everyone think ? Will the Fed increase Rates by 1/4 point ? 1/2 point or will it leave the rate Unchanged in June ? Please take our Poll on the Right side bar and cast your vote...
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