Skyrocketing Inflation Hasn't Burnished Gold in 2022 - The Wall Street Journal

Gold, Wall Street’s favorite hedge against inflation, is being weighed down by rising bond yields and a strengthening dollar, despite persistent inflation and market turmoil.

Robust inflation and a stock-market rout didnt do much for gold prices in the first half of the year. Investors dont expect conditions to improve. After gold climbed near records in March, prices sl… [+343 chars]

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