Gold Hits 5-Month Highs as US Inflation Takes Center Stage By Investing.com – Investing.com

  • Date: 11-Nov-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Gold Hits 5-Month Highs as US Inflation Takes Center Stage By Investing.com – Investing.com

By Barani Krishnan

Investing.com - The gold bugs’ vision may be coming true.

After months of frustration about the hapless state of the gold market versus the soaring real price for goods and services in the United States, those long bullion achieved redemption as the yellow metal hit a five-month high above $1,870 an ounce on Wednesday.