Fresh All-Time Highs Could Be in Store for Gold
July 16, 2024 at 09:15 AM EDT
Gold has been holding steady despite a stronger-than-expected Producer Price Index. Given its resilience, some market pundits see it reaching fresh all-time highs after hitting a consolidation phase. Wholesale prices rose 0.2% during the month of June, coming in hotter than expected. This won’t appease capital markets, which are looking for additional signs of deflation [...] The post Fresh All-Time Highs Could Be in Store for Gold appeared first on ETF Trends .
