How to trade gold as the Fed rate hike and inflation odds shifts

Courtesy: Kinross In 2026, gold has been a tough trade to time right, falling from a 10-year high over $5,300 an ounce that it reached early in the year by as much as 18%, according to Goldprice.org. But last week was the precious metal’s best week since January, while gold mining stocks had their hottest five-day run since 2008. With volatility in the gold trade leaving it with a year-to-date return that is now close to flat, some are betting that the trading chart direction is going to continue up. But there are potential pitfalls ahead. After all, even with…