Capital Econ: Gold Headed Higher As Inflation Moves Up

Don’t look now but the price of gold is approaching $1,150 per ounce, just weeks after analysts were predicting imminent collapse, a research note from Capital Economics observes. In fact, they say the headwinds for gold could be behind us – pointing to tighter labor markets and even, dare it be said, inflation.

Headwinds for gold are behind us, as $1,200 . . .


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