Commodities: Gold, Silver May Rise As US Inflation Hits Six-Month High
Gold and silver prices may rise amid expectations US inflation hit a six-month high in October, boosting demand for precious metals as a hedge against price growth. Talking Points Gold and Silver May Rise as US CPI Puts Inflation at 6-Month High Crude Oil, Copper Aim Higher on Risk Trends But Threats Remain Gold and [...]
Gold and silver prices may rise amid expectations US inflation hit a six-month high in October, boosting demand for precious metals as a hedge against price growth.
Talking Points
Gold and Silver May Rise as US CPI Puts Inflation at 6-Month High
Crude Oil, Copper Aim Higher on Risk Trends But Threats Remain
Gold and silver price have rebuilt firm correlations with near-term US inflation expectations, represented by so-called “breakeven rates” (the difference between yields on nominal and … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards