An auspicious start to the week saw gold prices rise further on Friday amid the scene volume and open co-operation. That said, continuing the recovery as-is is not considered reliable for the time being, instead allowing some dynamic state adjustments to be made. Meanwhile, the $1975 per troy ounce area still curtails bullish attempts from time to time.
Last week, policymakers at the Federal Reserve voted to raise interest rates by 25 basis points - to the highest levels seen in more than 22 years.
Last time interest rates were this high, the US National Debt totaled $6.25 trillion.
If the Fed continues to raise rates, that will eventually increase the likelihood that the debt crisis in the US becomes the next big "black swan event".