Is Gold an Inflation Hedge?

Published: Feb 22, 2021, 12:34 UTC1min read
Gold prices are rebounding from support, but will Gold hedge against the rising inflation?
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In this week’s market update, XTB’s Chief Market Analyst discusses how “Biden checks” can fuel a jump in sales, what is the outlook for the Gold market, which are the top calendar positions for the week, and more.

Watch the video to learn about:

  • How “Biden checks” fueled a jump in sales
  • Outlook for the Gold market
  • Surging US bond yields
  • Top calendar positions for this week

Other top news this week include:

  • IFO (Monday)
  • Powell in Congress, Conference board (Tuesday)
  • RBNZ, Powell in Congress (Wednesday)
  • Durable orders (Thursday)
  • Monthly data in Japan, US PCE inflation (Friday)

Don’s miss our latest market update:

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