Inflation reached its highest level in more than 30 years, and gold responded by bursting through the previous resistance level at $1,835 per ounce on Nov. 10. The October CPI number showed a 6.2% increase year over year. Source: Shutterstock Core inflation, which excludes energy and food, rose 4.6%, the fastest rate in 30 years.…

Economists and strategists are now starting to warn about stagflation, which combines a stagnant economy with inflation. While the number of disappointing economic reports continues to grow, it’s also looking like inflation is less transient than the Federal Reserve has claimed. Source: Shutterstock So what happens to gold prices during stagflation? Such an environment is…

When building an environmental, social and governance (ESG) friendly portfolio, investors often consider key issues like a company’s carbon emissions. But what about other inclusions in the portfolio, like metals? Do they have a place in an ESG-friendly portfolio? In a recent report, the World Gold Council argues that gold does indeed have a place. Source:…

The gold price has been hovering just under $1,800 an ounce as a plethora of factors provides both support and resistance. Tuesday’s CPI report indicated that inflation was a little less than the consensus expected in August, and the gold price shot higher immediately after the report. Meanwhile, the dollar index is falling, demonstrating that the…

The world has entered a reflationary environment amid the improving economic conditions, which is usually good for commodities. In fact, reflation could be even better for gold, according to one recent study. Source: Shutterstock The World Gold Council (WGC) argues that the metal is the most effective commodity in a portfolio because it stands apart…

The gold price has gotten hammered in recent weeks, plunging to a four-month low of less than $1,680 an ounce on Sunday. Some analysts expect the yellow metal to keep plunging, but not everyone is convinced. Source: Shutterstock It’s anyone’s guess whether the gold price will post a strong recovery or continue to struggle. Gold Struggles This…

A variety of factors is impacting the gold price as the second half of the year begins, and some of these factors will pull harder than others at various times. The current story for gold is being driven by interest rates and inflation, although interest rates are currently upstaging inflation. Source: Shutterstock In a recent…