The Federal Reserve signaled that rate hikes are forthcoming, which caused gold prices to tick higher following their latest monetary policy announcement. Bullish gold investors hope that this is a ripple that precedes a larger price rally. For much of 2021, the Fed was set on keeping rates the same as it processed more incoming data after a year of uncertainty in 2020. Now that tangible economic healing is evident in the latest data, the rhetoric of the Fed became increasingly hawkish as the year wore on. Finally, the central bank confirmed that it would eventually be tapering off its stimulus measures, including ... (full story)