Gold’s price has dropped by almost 7% since the end of May. Most of the move can be attributed to an increase in interest rates following last week’s US Federal Reserve (Fed) FOMC meeting. Gold’s reaction is not surprising given that it has experienced higher sensitivity to interest rates over the past year
Senior Analyst, Americas
World Gold Council
Adam joined the World Gold Council in 2017 as a Senior Analyst on the Research team, focusing much of his time on investment research and portfolio analysis. He works with pension funds, endowments, and other institutional clients on portfolio optimization, and presents insights on the gold market in the media, and at conferences. Previously, he was a managing director and head of ETF Research for Market Realist, a financial technology company. Before that, he was the Chief Strategist at New Albion Partners, a boutique investment brokerage firm. Adam spent over a decade as a hedge fund portfolio manager and trader with a focus on derivatives and volatility strategies.
Adam holds a B.A. from Pomona College, double majoring with distinctive honors in Economics and Psychology, and an MBA from the Yale School of Management with a concentration in Asset Management.