Patience This is a long term investment, precious metals are not going to gain substantially until these interest rate hike fears dissapear, , I am not saying that gold can not go up in a rising interest rate environment but it will only happen if it's acompanied with rising inflation.
gold needs inflation! We got a wait until this talk of tightening monetary policy is going to stop and they reverse their tone towards QE and furter monetary easening , it will happen its just a matter of time.
i look at this period of interest rate hikes what we are going trough right now something that needs to happen in order for gold to be propelled to new highs later on.
Fed will eventually get their inflation but it's not going to be the inflation they want, it will be out of control inflation do to weakening U.S dollar.
in short term we might even have weakening precious metals because traders and institutional are waiting for these rate hikes.
good time to accumulate and buy the dips not only in FF but in whole sector in general and if the markets crash buy even more.!