“Consumer prices may be showing muted inflation pressures as the world continues to feel the effects of the COVID-19 pandemic but a major inflation threat is looming on the horizon according to one chief economist”. Thorsten Polleit, chief economist at Degussa…
Gold futures settled with a loss of more than 2% on Wednesday as a jump in U.S. bond yields undercut the competitive advantage of owning risk-free Treasuries over bullion. “Rising long-term Treasury yields are a negative headwind for gold,” said…
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