Gold consolidates but remains on a ‘golden cross path’ higher – NDR’s Tim Hayes
Gold consolidates but remains on a 'golden cross path' higher – NDR's Tim Hayes The gold market could continue to consolidate around $2,000 an ounce as the Federal Reserve prepares to raise interest rates one last time and then hold the line until inflation is under control, according to one analyst. However, even this new holding pattern doesn't dimmish gold's potential. In a recent interview with Kitco News, Tim Hayes, chief global investment strategist at Ned Davis Research, said the…