Inflation soared to its highest level since 1982 and yields spiked, but gold has nonetheless found support. The yellow metal recovered as the US dollar turned lower after its initial rally. Will the breakout hold this time? Gold’s rise today underscores its status as safe-haven commodity, and an effective inflation hedge. Investors seem happy to […]
The post Gold Climbs as Inflation Hits 7.5pc appeared first on Action Forex.