The limelight of this week was the annual Central Bank’s conference in Jackson Hall where the prospects for the monetary policy were determined.
How did it affect gold, and what other factors influenced its performance this week?
This week, the publication of data on retail sales in the US, statistics on the US housing market and the minutes of the Fed’s July meeting were in the limelight.
We will tell how all this affected gold’s performance.
This week, the US released data on the producer price index (PPI) and the consumer price index (CPI). How did the published data affect gold prices? Read on to learn!
Currencies depreciate, which means that for the same amount of money we can buy less and less goods every year. Let's study the impact of inflation on the consumer purchasing power and find out why investing in gold is extremely profitable.