With High Inflation, Why Isn’t Gold Rising?

[PocketOption]

With High Inflation, Why Isn't Gold Rising?

The sales pitch for gold is that it’s a hedge against inflation, because it doesn’t lose its value. It is a real commodity, unlike fiat currency. Yet, as inflation has skyrocketed around the globe this year, the price of gold has not. In fact, after peaking out in March, it has since trended lower. What […]

The post With High Inflation, Why Isn’t Gold Rising? appeared first on Action Forex.

Source: With High Inflation, Why Isn't Gold Rising?