Gold hits three-month high ahead of US inflation data and Fed speech
Gold prices extended gains to a three-month high above $4,636 as investors focused on upcoming US inflation data and Federal Reserve Chair Kevin Warsh's speech at Jackson Hole.
Gold Market
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Gold as an Inflation Hedge: What the Long Record Shows
Examining the historical evidence reveals that gold has preserved purchasing power over very long periods, but its performance as an inflation hedge is less reliable over shorter time frames.
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