This ETF May Benefit as CPI Print Drives Gold Higher
November 10, 2022 at 13:51 PM EST
Thursday’s cooler consumer price index (CPI) print drove gold’s price to its highest point since August, as investors’ hopes that inflation would finally respond to the Fed’s rate hikes were fulfilled. With inflation dropping, investors expect gold to appreciate in value, which could set up a good opportunity for a gold miner ETF like the [...] The post This ETF May Benefit as CPI Print Drives Gold Higher appeared first on ETF Trends .