From 81% to 57%: The Quiet Collapse in Rate-Hike Odds That Is Lifting Gold

While the headlines this Wednesday August 5 blare with ultimatums and deadline drama, the force doing the most steady work lifting gold — now up three days running to two-week highs near $4,130 — is something quieter: the probability of a September Federal Reserve rate hike has collapsed from roughly 81% to 57% in barely […]