Raising interest rates will lower the price of gold under certain factors. Raising interest rates may not directly affect the price of gold, but it will reduce the price of gold under certain market factors, but this phenomenon is not 100%. After raising interest rates, if investors get more income from banks than from investing in gold, the trading volume of gold will decrease, which will lead to a decline in the price of gold.

What is the relationship between the Fed's interest rate hike and gold?

The Fed's interest rate hike is bad for gold, because the Fed's interest rate hike means that the US economy is strong and will allow a large amount of global funds to flow into the US. Investors can invest in the US market in many ways, which leads to the appreciation of the US dollar and the decline of some commodities, precious metals and foreign exchange markets denominated in US dollars.