RE:Gold prices holding steady gains as the ECB raises interest braindeadoldguy wrote: Well, not really. Gold is diving again, lol. ECB raised rates .75 basis points, and the game goes on and on and on. Yawn.
B-dog
Actually a blessing in disguise Bdog.
As currencies around the globe are forced to raise their rates (due to the US central bank already having raised theirs), this should ultimately put downward pressure on US dollar, that by which all commodities are denominated in.
Best
S