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Why is gold falling as inflation rises? The myth explained
Gold is heading for a fourth monthly fall even as US inflation hits a three-year high. Here is why higher rates, not inflation, now drive the gold price.
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euronews.com
Why is gold falling as inflation rises? The myth explained
Gold is heading for a fourth monthly fall even as US inflation hits a three-year high. Here is why higher rates, not inflation, now drive the gold price.
- ·
cryptobriefing.com
Gold steadies near $4,000 as US inflation data eases rate-hike bets
Gold holds near $4,000 after US PCE inflation data meets expectations, reducing September rate-hike odds from 68% to 63%. Bitcoin follows in lockstep.
