Gold, Inflation Divorce Hands Bullion Bulls Biggest Annual Loss Since 2015 By Investing.com – Investing.com
- Date: 01-Jan-2022
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Gold, Inflation Divorce Hands Bullion Bulls Biggest Annual Loss Since 2015 By Investing.com – Investing.com
By Barani Krishnan
Investing.com - It might have been an overwhelming year for inflation but it was certainly an underwhelming one for gold, one of the most popular hedge against price pressures known to investors.
With readings for the U.S. and the Federal Reserve’s preferred inflation gauge — the core — both at 40-year highs, gold prices showed a 5% loss on the year.
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