The gold market shrugs off the EFP ‘panic’, leaving gold and silver prices unperturbed by the latest US inflation data. This sturdy position of precious metals amidst EFP turmoil reasserts their status as reliable investment avenues, even as the US grapples with rising inflation rates. Despite unprecedented financial upheavals, gold and silver have demonstrated impressive resilience, underscoring their indispensable role in investors’ portfolios. The inability of the inflation data to influence their trajectory serves to reinforce this notion and provides an indication of their future reliability in these turbulent economic times. Read More

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