Precious Metals Investing News
Gold Investing

Gold Rebounds as Improving Economy May Boost Demand for an Inflation Hedge

Precious Metals

Bloomberg reported that signs of a strengthening economy and possible inflation caused gold prices to rally.

Bloomberg reported that signs of a strengthening economy and possible inflation caused gold prices to rally.

The market news is quoted as saying:

“Gold is embracing the inflationary discussion,” said Adam Klopfenstein, a senior market strategist at Lind-Waldock in Chicago. “The huge rally in the S&P gave gold the risk-on attitude that it so dearly needed. Gold is acting more as a reflection of the growth element in the economy.”

To read the full market news, click here.

Gold Investing
Featured

MARKETS

Markets
TSX20383.75+97.55
TSXV701.74+1.08
DOW32120.28+191.66
S&P 5003978.73+37.25
NASD11434.74+170.29
ASX7128.80-20.10

COMMODITIES

Commodities
Gold1853.56-13.73
Silver21.99-0.14
Copper4.27+0.02
Palladium2007.00+10.00
Platinum949.50-6.50
Oil110.84+0.51
Heating Oil3.76+0.01
Natural Gas9.02+0.05

DOWNLOAD FREE REPORTS

Browse more resource reports ≫
Browse more technology reports ≫
Browse more life science reports ≫

BROWSE COMPANIES BY SECTOR

×