[World Gold Council: Fed Rate Hikes May Unexpectedly Benefit Gold] Jin10 News, June 4 – The World Gold Council stated in its gold market commentary report released on June 4 that looking ahead, as inflationary pressures rise, the Federal Reserve may need to raise interest rates. We believe that when rate hikes occur, they may counterintuitively benefit gold. Historical data indicates that in over 50% of cases, gold has performed positively following rate hikes. The importance of the U.S. dollar to gold's performance appears to outweigh that of interest rates. Medium-term growth and yield convergence, along with a trend of diversifying away from U.S. assets, have already paved the way for a weaker dollar in the future. Other factors also provide support for gold: structurally, major gold-consuming nations like China and India, as well as global central bank demand for gold, are less sensitive to U.S. interest rates and may offer support for gold in the future.