The U. S. June Consumer Price Index (CPI) figure has been released and once again it has come in showing the inflation level to be higher than the market had anticipated at 9.1% year-on-year. . . . Lawrie Williams
Gold prices are solidly down and hit an 11-month low in early U.S. trading at mid-week, following a U.S. inflation report that ran the hottest in 40 years . . . . Jim Wyckoff
Gold has been traditionally considered a safe-haven asset, with many investors turning to the yellow metal during recessions and times of turmoil. . . . Govind Bhutada
Gold and silver prices are modestly lower in early U.S. price action Friday, in the wake of a key U.S. economic report that was deemed positive . . . . Jim Wyckoff