Here's how interest rates impact gold prices
When interest rates drop, gold prices often rise — but there are also other factors at play.
Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home security. Her work appears in prominent media outlets including CBS News MoneyWatch, CNN Underscored and USA TODAY. Sharon's knack for transforming complex concepts into clear, actionable insights makes her articles informative and accessible to readers from all backgrounds. She holds a Bachelor of Arts degree in communications from the University of California, San Diego.
When interest rates drop, gold prices often rise — but there are also other factors at play.
The price of gold has surged so far in 2024. But will it hit the $3,000 mark this year? Here's what some experts think.
Tapping into your home equity now could be smart, but it depends on your situation. Here's what some experts suggest.
Experts predict home prices will rise as interest rates are cut, but two other outcomes could unfold.
The timeline for uncollectible credit card debt varies — but knowing when it could happen can be helpful.
Several factors could shape mortgage interest rates this fall. Here are a few to look out for now.
With the right strategies, experts say gold investing could be wise even at record highs. Here's what to know now.
Mortgage interest rates are dropping. Here's how to find the best one this October, according to some experts.
Experts see gold's price soaring in October, but market uncertainties could spark fluctuations. Here's what to know.
With the right strategies in place, gold can still be a smart investment even as inflation cools.
Experts predict mortgage rates could see a big drop by the end of the year. Here's what to expect.
interest rate cuts could soon increase homebuyer competition. These expert strategies can help buyers stick out.
Both options have unique benefits in today's cooling rate climate. Here's what to know now.
Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.
There are ways to make CD accounts valuable even as interest rates fall. Here's how to get the most out of them.