Gold Would Face Pressure if the Fed Raises Rates, Amy Gower Says

The essentials

Gold would probably come under pressure if the Federal Reserve raised interest rates, according to Amy Gower, Morgan Stanley’s head of metals and mining strategy. Bloomberg reported her assessment. The available information does not specify how severe the pressure might be, how long it could last or when it could occur.

• Amy Gower expects higher Fed rates to put pressure on gold.
• Gower leads metals and mining strategy at Morgan Stanley.
• The potential scale, duration and timing of the pressure are unspecified.