Consumer Inflation Expectations Just Fell to 4.2%. Gold Fell Too. The Survey Missed the Oil Spike.

26.07.17

The University of Michigan’s July survey showed inflation expectations falling to 4.2% — normally good news for gold. Yet gold fell anyway, trading near $4,019.87 and down roughly 3% for the week. The reason: more than 70% of survey responses were collected before July 7, when US airstrikes on Iran…Read More

Share This Article

Choose Your Platform: Facebook Twitter Linkedin