Tavi Costa: Agricultural commodities are up 21% annually. A second wave of inflation is emerging.

Sharing is Caring!

See also  Inflation Is Getting Worse, As FED Rate And Tax Hikes Cause Panic


Gold Rises on Rate Cut Expectations Before Inflation Data

Gold prices increased on Tuesday, buoyed by the growing anticipation of U.S. Federal Reserve rate cuts. Investors are keenly awaiting this week’s inflation data to assess potential cut timings. Spot gold saw a 0.2% rise to $2,176.59 per ounce, with an early session peak of a 1.3% jump. U.S. gold futures slightly rose by 0.04%, closing at $2177.2.

Rickards: “Goldilocks” Is Gonna Get It

See also  Expect Year-Over-Year Inflation to Increase, But What About Rent?

Federal Reserve Refuses to Provide Records of Foreign Gold Holdings

Views: 138

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.