...over the past few years, gold prices took a hit because investors believed that as interest rates go up, the yellow metal isn’t worth owning.Wrong.The Federal Reserve did hike interest rates in December. If the mainstream thesis held true, gold would have been down big time. Instead, we saw the complete opposite happen... Going forward, it’s very questionable if interest rates will increase any further. One of the biggest reasons behind this was the recent jobs market data for May. The U.S. economy added the least amount of jobs in at least five years... gold prices are still not high enough for producers to flood the market...