Gold up 2nd Straight Week, 7th Day in Row, on ‘Inflation Sparkle’ By Investing.com – Investing.com

  • Date: 13-Nov-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Gold up 2nd Straight Week, 7th Day in Row, on ‘Inflation Sparkle’ By Investing.com – Investing.com

By Barani Krishnan

Investing.com - It has exceeded most gold bears’ expectations, but bullion’s true test still lies in its ability to recapture $1,900 pricing and beyond.

The yellow metal sparkled for a second week in a row, notching a win of 2.8% this week after last week’s 1.8%. It also rose for a seventh straight day, its longest stretch in the green from the end of June to the first week of July.