Gold breaks $4,300 as Fed hike odds jump after PMI - Kitco PM Report - Kitco
Gold breaks $4,300 as Fed hike odds jump after PMI - Kitco PM Report - Kitco
Source: Kitco
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DW NOTE
The Fed hiked last week into a 3.4% CPI print while WTI trades at $91.76 — down 18.8% from its yearly high despite the Strait of Hormuz sitting closed for 208 days. Gold at $4,300 is the market pricing tightening into stagflation, not reflation.