Market Data
Price
3.62
24h Change
+0.00%
About Fed Funds Rate
The Federal Funds Rate is the interest rate at which banks lend reserves to each other overnight. Set by the Federal Reserve, it's the primary tool for monetary policy and directly impacts gold and silver prices.
- Set by the Federal Open Market Committee (FOMC) at 8 meetings per year
- Rate cuts are historically bullish for precious metals
- Rate hikes strengthen the dollar and pressure metals prices
- Near-zero rates in 2020-2022 coincided with gold's push above $2,000
- The Fed has never successfully un-inverted the yield curve without a recession