Through many years of frustration among gold bugs due to the failure of gold stock prices to leverage the gold price in a positive way, there were very clear reasons for that failure.
In April 2021, annual CPI inflation hit 4.2%, its first annualized gain above 4% since 2008. Price growth accelerated in 2022, with a full-year CPI rate of +6.5%. But average gold prices ...
At the start of this week's trading, spot gold prices moved to a new historic record high, reaching the $2956 per ounce resistance level ...
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