Gold up 4th Day in Row as No Surprise in US December Inflation By Investing.com – Investing.com
- Date: 13-Jan-2022
- Source: Investing.com
- Sector:Economy
- Country:Middle East
Gold up 4th Day in Row as No Surprise in US December Inflation By Investing.com – Investing.com
By Barani Krishnan
Investing.com - Gold longs win again, even when U.S. inflation isn’t exactly scaring the Biden administration.
Gold futures’ most active contract on New York’s Comex, , settled up $8.80, or 0.5%, at $1,827.30 an ounce on Wednesday. It was the fourth day in a row that Comex gold has risen, with a net gain of 2.1% in that stretch.