Dryblower on gold's hit due to rising interest rates

GOLD bugs got a wake-up call late last week when the price of their metal fell by more than US$100 an ounce over two days just when it had been expected to rise in the wake of the Washington riot, a fact which Dryblower assigns to a more significant event in New York.

Dryblower on gold's hit due to rising interest rates Dryblower on gold's hit due to rising interest rates Dryblower on gold's hit due to rising interest rates Dryblower on gold's hit due to rising interest rates Dryblower on gold's hit due to rising interest rates

Interest rates, especially those on US 10-and-30-year Treasury bonds, are a more powerful money motivator than the political games being played in the US capital as one president exits, and another