Gold Rallies on Lukewarm U.S. Consumer Price Index Data

December 19, 2022 11:25:34

The past couple of months have been hard on precious metals such as gold, which usually fared well when the economy falters. Traditionally in high demand during times of economic upheaval because its value generally does not diminish, gold has seen its performance drop amid increasing inflation and a surging dollar.

However, projections for the last few months of the year and 2023 have been hopeful, stating that gold will…

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