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Gold Prices Test Inflation Hedge Case

From msn.com

Gold’s latest moves are again raising a key question for savers and investors: can the metal still protect against rising prices. Traders are watching how bullion trades as inflation lingers and central banks weigh their next steps. The answer has implications for households, retirement funds, and global markets. “Trends in gold prices could indicate whether the asset can protect against inflation. Here’s a look at how the precious metal is doing today.” Gold has long been viewed as a store of value. It is scarce, easy to trade, and has no credit risk. That makes it a common hedge when money loses buying power. ... (full story)

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  • Category: Fundamental Analysis