CNBC/Jeff Cox/4-13-2021
“The consumer price index rose 0.6% from the previous month but 2.6% from the same period a year ago. The year over year gain is the highest since August 2018 and was well above the 1.7% recorded in February.”
USAGOLD note: And the gold price responded immediately to the upside – the first-time we have had such a direct reaction to inflation in a very long time.
Sources: St. Louis Federal Reserve [FRED], U.S. Bureau of Labor Statistics
