【BitPush】The US December CPI data just released—annual rate of 2.7%, the same as November, no surprises. The market had already digested this number quite a bit.
What’s interesting is the reaction speed. Less than a moment after the data was released, spot gold shot up rapidly, with a short-term increase of over $10, now standing at $1,613/oz. Silver is also not idle, rising by $0.3, now at $87.04/oz.
This wave of market movement signals—under the expectation of stable inflation data, the market is beginning to reassess the safe-haven value of precious metals. A stable CPI means the Federal Reserve’s policy path has a reference, and as a traditional hedge, precious metals naturally attract a lot of capital attention. For those focused on macro trends and asset allocation, this kind of volatility is worth paying attention to.
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US December CPI as expected, precious metals react accordingly
【BitPush】The US December CPI data just released—annual rate of 2.7%, the same as November, no surprises. The market had already digested this number quite a bit.
What’s interesting is the reaction speed. Less than a moment after the data was released, spot gold shot up rapidly, with a short-term increase of over $10, now standing at $1,613/oz. Silver is also not idle, rising by $0.3, now at $87.04/oz.
This wave of market movement signals—under the expectation of stable inflation data, the market is beginning to reassess the safe-haven value of precious metals. A stable CPI means the Federal Reserve’s policy path has a reference, and as a traditional hedge, precious metals naturally attract a lot of capital attention. For those focused on macro trends and asset allocation, this kind of volatility is worth paying attention to.