The price of gold moved higher as the US Dollar sold off post US CPI yesterday. The headline CPI number was only marginally higher than expectations, clocking in at 0.4% m/m for September against 0.3% anticipated. The Core CPI print was in line at 0.2% m/m. The language from the FOMC minutes was more intriguing. If there was any doubt about tapering starting in November or December, they have been dispensed baring a disaster in the interim. This led to Treasury yields going lower and the US Dollar going with it against most assets, including gold. Energy commodity prices have made record highs in many markets ... (full story)