The positive relationship between inflation and the price of gold is, supposedly, an axiom of asset markets. Yet 2024 has offered the surprise combination of moderating inflation alongside gold lofting to the upside. What’s the explanation for this paradoxical move? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight
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