What’s up with the interest rate and the price of gold?

Talks of tapering and actual tapering would lead to an increase in interest rates which would cut down on inflation thus lowering the price of gold (I assume).

However once interests rates increase, borrowing and majority of stocks seems less attractive for investors.

So where does the money go and how is the price of gold affected by increasing rates?

submitted by /u/Kindly_Goat
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