Gold prices have nearly doubled since late 2022, driven by Fed rate cut expectations, rising inflation concerns, and increased central bank buying. U.S. consumers and businesses are growing more concerned about the prospects of higher inflation, with inflation expectations reaching a 33-year high. CME Group Chief Economist Erik Norland explains why investors are increasingly turning to real assets like gold as a hedge and discusses the factors behind the surge in gold prices, as well as the potential for this trend to continue. Learn More: https://www.cmegroup.com/openmarkets/
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Originally Posted April 9, 2025 – What’s Behind Gold’s Rally?
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