Buy Dips in Gold and Copper Amid Sticky Inflation
February 16, 2024 at 09:57 AM EST
The higher-for-longer narrative reentered capital markets after January revealed hotter-than-expected inflation. This strengthened the dollar, pushing metals like gold and copper lower, but opened the door for investors to buy the dip. The latest consumer price index (CPI) numbers “showed that U.S. inflation grew more than expected in January, giving credence to recent warnings from [...] The post Buy Dips in Gold and Copper Amid Sticky Inflation appeared first on ETF Trends .