News Articles

Inflation has been high for some time now, so gold should go up. It didn’t, it went down . . . . Clem Chambers

Gold has so far failed to rally in the face of the highest U.S. inflation in decades . . . . Reuters

There is a new rush of bullish sentiment in the gold market as prices push back above $1,800 even after the Federal Reserve signaled that it could raise interest rates three times in 2022 . . . . Neils Christensen

The Federal Reserve concluded the last FOMC meeting of the year capped off by a statement that contained a new "dot plot" which lays out their updated monetary policy through 2024 . . . . Gary Wagner

After outperforming gold by 51 percent in 2020, silver was unable to maintain significant gains in 2021 . . . . Georgia Williams

The International Monetary Fund warned the Bank of England on Tuesday to avoid an 'inaction bias' in its approach to combating price pressures as it said inflation in Britain was likely to hit a 30-year high of 5.5% next year . . . . Reuters

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