Thursday, January 12, 2023 11:45:37 AM
That makes it a very good environment for gold as in time we should see the Fed pivot then reverse course lower with interest rates as the inflation falls. Real interest rates would be dropping, which is fuel for higher gold prices.
If that's what we see happen going forward then the market should front run the actual process of them dropping rates. I don't see the gold
price going straight up from here, but barring something else happening to change things we should see PM prices improve in this type of
environment.
https://www.marketwatch.com/story/gold-hits-fresh-8-month-high-ahead-of-cpi-report-11673528416?siteid=yhoof2
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