The prices of gold have been skyrocketing in Africa over the last six months. Suspissions depict that the increases because the US Federal Reserve has finished raising interest rates, along with a weaker dollar boosting demand. At the start of November, the Federal Reserve agreed to hold the Federal Funds rate at between 5.25% and 5.5% rather than raise it, as the Consumer Price Index had come down to 3.7% in September. This has prompted speculation that interest rates have now peaked. Gold is seen as a more attractive investment when interest rates are falling as it does not rely on interest rate income for its value. Countries like Burkina Faso and South Africa mostly benefiting from this increase as demand is at its peak. Do not forget to like this video and subscribe to our channel for more content.