Fed policy impacts on gold discussed

• •Anyone else feeling like the Fed's recent hawkish leanings are putting a real damper on gold's upward momentum?
• •I’m thinking about adding more to my IRA if things dip further.
• •How are you all balancing the short-term Fed noise with the long-term fundamentals of gold?

Anyone else feeling like the Fed's recent hawkish leanings are putting a real damper on gold's upward momentum? I've been watching my portfolio, and while my physical holdings are doing okay, the paper representation feels a bit sluggish considering the underlying inflation fears everyone's been harping on.

I mean, between the rate hike chatter and Powell's less-than-dovish tone, it feels like the traditional inverse relationship with the dollar is playing out stronger than the inflation hedge aspect right now. I've got a decent chunk of my personal allocation, maybe 10-15% of my liquid assets outside the fund, parked in various gold assets – mainly physical and some ETFs in my Roth. I’m thinking about adding more to my IRA if things dip further. My office in Greenwich is practically buzzing with colleagues debating where interest rates are headed short-term, and it makes you second-guess everything, even core portfolio strategies.

How are you all balancing the short-term Fed noise with the long-term fundamentals of gold? Are you holding steady, or are these policy shifts making you re-evaluate your entry points or even your overall gold weighting?

I’m particularly interested in what folks with a significant gold allocation (say, north of mid-six figures) are doing. Does the current environment change your perspective on gold as a portfolio diversifier, or is it just another blip on the radar?