Social network of binary options trading
At the end of the day, if the Fed does increase its interest rate, it will essentially be adding value to the USD. In doing so, commodities like gold that are priced using the USD would become more expensive around the world thanks to currency exchange rates. In return, this would lead to global weakening of demand and, ultimately, lower prices for gold.
When gold is trading low, ABX sees lower revenue from its flagship product, so this story is about as important as they get for Barrick Gold investors.