12 min listen
Gold On Track For Sixth Straight Monthly Decline
FromSchwab Network
ratings:
Length:
11 minutes
Released:
Sep 30, 2022
Format:
Podcast episode
Description
Traditionally the month of October is the most volatile month. "Inflation was public enemy number one and now global tightening is unavoidable. Personal Income & Outlays numbers suggest this. The decline in gas and oil prices could be what caused the data to come in hotter than expected. The Gold Futures (/GC) price is relatively flat over the last five trading days. Higher yields are weighing on gold," says Larry Shover.
Released:
Sep 30, 2022
Format:
Podcast episode
Titles in the series (100)
The Fed's New Targeted Inflation Policy by Schwab Network