Mint State Gold

Gold futures had modest gains in trading today as investors focus upon the recent CPI inflation index data indicating that inflation is running at a 40-year high at 6.8% year over year . . . . Gary Wagner

Not to give you any spoiler alerts, but so far, the general sentiment among some of the biggest international banks is that gold is expecting to see renewed investor demand as inflation continues to heat up . . . . Neils Christensen

After reaching a 30-year high of 6.2% in October, inflation is set to rise even further when the data for November is released . . . . Veronika Bondarenko

Diwali, or festival of lights, is India’s biggest and most important holiday of the year . . . . Bloomberg News

Fueled by 2020’s demand surge, 2021 saw silver hold above US$20 per ounce for the first time since 2014 . . . . Georgia Williams

U.S. investment bank JP Morgan predicted on Wednesday that 2022 will mark the end . . . . Reuters

Metals Focus, one of the world's leading precious metals consultancies, expects silver to benefit . . . . Vladimir Basov

U.S. unit labor costs surged more than initially thought in the third quarter . . . . Reuters

The Perth Mint's sales of gold products in November jumped about 94% from the previous month . . . . Reuters

Bears are looking for a break into the $1,750s for the rest of the week . . . . Ross J Burland