Rising inflation could ignite another massive rally in gold and silver – RJO Futures

A post-COVID-19 global economy is creating a paradigm shift in financial markets that will continue to benefit gold, even as prices struggle to break through resistance at $2,000 an ounce, according to one market analyst.
In an interview with Kitco News, Daniel Pavilonis, senior market strategist at RJO Futures, said that the threat of rising inflation and the Federal Reserve’s new monetary policy stance to target average inflation of 2%, will keep real interest rates lower and support gold and silver prices in the long-term. (show less)

A post-COVID-19 global economy is creating a paradigm shift in financial markets that will continue to benefit gold, even as prices struggle to break through resistance at $2,000 an ounce, according to one market analyst.
In an interview with Kitco News, Daniel Pavilonis, senior market strategist at RJO Futures, said that the threat of rising inflation and the Federal Reserve’s new monetary policy stance to target average inflation of 2%, will keep real interest ... (read more)

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