Palisades Goldcorp Ltd. press release
How Gold Could Be Impacted If US Inflation Drops
TSXV - TSX Venture Exchange · Uranium · Rare Earth Elements · Gold · Canada
We have seen the Federal Reserve increase rates of interestand hold those rates to deal with inflation over the years. During this period, the price of gold has been strong, with the metal recently reaching a new levelof more than $2,400 in May. While the yellow metal’s price has dropped slightly since then, it’s still more than 20% higherthan prices recorded last year.
With inflation demonstrating signs of moderating, the price of this precious metal may be affected. High levels of inflation are known to bolster gold’s price, with most investors using the...
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