Jonathan Barratt
Jonathan Barratt
drive gets giving gold higher impetus passed producers
That's giving gold a little impetus today. Producers are still absorbing the higher costs, but once that gets passed down, that's going to drive inflation.
cost gold hold increases interest rates
Interest rates are up and that increases the cost to hold gold.
lower period prices
We should be going into a consolidation period and prices should be going lower from here.
buying gold inflation next week
We may see another bout of gold buying next week on inflation concerns.