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MarketWatch: Gold Spikes on US Fed Rate Rise

LONDON, 2 February 2023 – Analysis from BullionVault leads the latest report on gold-price action from MarketWatch, the popular investment news site from the Dow Jones family of companies.

"What Powell said and what the markets heard seemed very different overnight," the report quotes Adrian Ash, director of research.

"Higher for longer would, all things equal, put pressure on non-yielding gold."

Read Adrian's full comment at MarketWatch here:

Gold taps fresh 9-month high, then retreats after latest Fed rate hike