Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why a Cooling CPI Is Not Cooling Gold
Inflation is easing, the CPI is down, but gold just hit $4,450 an ounce. On this episode of The Commodities Economy, Lucas and Luna dig into the disconnect: if the Fed's preferred price gauges are softening, why is the metal that's supposed to hedge inflation rallying harder than oil? They look at the real drivers — central bank buying, Middle East tensions, and the growing sense that gold is now a dollar hedge rather than an inflation hedge. With Brent up more than 10 percent in five days and the Strait of Hormuz back in the headlines, they ask whether gold's surge is the…
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