Will Rising Interest Rates Send Gold Back to Its Highs? - The Motley Fool

AI desk brief

Gold is described as trading around $4,300/oz, well below its earlier 2026 peak above $5,000/oz, with the article arguing that renewed policy and geopolitical uncertainty could help it rebound. The piece points to the Fed’s recent rate hike, war-related oil disruption, and high equity valuations as potential supports for safe-haven demand, while noting that higher rates alone do not guarantee a gold rally.

It also highlights SPDR Gold Shares (GLD) as a liquid proxy for spot gold for investors seeking exposure. The author’s base case is cautious on a full return to prior highs before year-end 2026, but sees rising uncertainty as a constructive backdrop for bullion.