Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

Fed's "Operation Twist" Could Be Neutral to Negative for Gold Prices

Share on Stocktwits

Source:

"'Operation Twist' could be bearish for gold."

Kitco News, Debbie Carlson

At the end of the Federal Open Market Committee meeting Wednesday afternoon, the Fed is expected to announce "Operation Twist," which would extend the duration of maturities on its balance sheet and try to lower long-term interest rates. Tom Pawlicki, analyst at MFGlobal, says this could be bearish for gold. "We don't anticipate that it will offer much impact on gold prices. If anything, it may be negative because the risk of monetization won't increase as the size of the balance sheet remains static," he says. . .View Full Article

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe