🟢 Alamos Gold is trading 4.5% up today as gold prices rally after Fed rate hike

Alamos Gold is trading 4.5% up at $36.01, supported by gold prices rising more than 1% on September 17 after investors digested the Federal Reserve’s rate hike and guidance.

• It is outperforming the broader market; the broader risk-on recovery likely added support.
• Reuters reported spot gold at $4,310.49 per ounce; gold was also reported up 1.15% from September 16.
• Cryptocurrency movements are not relevant because Alamos Gold is a gold miner.